VOL. XXXIII

NO. 42

23-JULY-1990

Bahrain

Aluminum Bahrain Awards $460mn Contract for New Power Station

Aluminum Bahrain (Alba) - owned 74.9% by the Bahrain Government, 20% by theSaudi Public Investment Fund (PIF) and 5.1% by Breton Investments of WestGermany - has awarded a $460mn contract to a consortium comprising theSwedish-Swiss group Asea Brown Boveri Ltd. and Sadelmi of Italy for theconstruction of an 800-megawatt combined cycle electric power station which ispart of the company's major...