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ABB wins $233mn Qatar contract

by Katie Reid on Thursday, 26 June 2008
QATAR PLANT: Swiss engineering group ABB said on Thursday it had won a $233 million contract for a Qatar power plant. (Getty Images)

Swiss engineering group ABB said on Thursday it had won a $233 million contract from South Korea's Hyundai Engineering and Construction to supply power systems and grid connections for a natural gas and steam turbine power plant.

The $3.7 billion plant, which will be built in Qatar, will be the largest power generation and water desalination project in the country and will have the capacity to generate 2,730 megawatts of power per day, ABB said in a statement.

The plant is expected to begin operations in 2010 and be fully operational by 2011.

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A consortium comprising Suez Energy International/Mitsui, Qatar Electricity Water Corporation and Qatar Petroleum will develop the plant. (Reuters)

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more » MIDDLE EAST MARKETS DATA

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