Middle East Economic Survey
VOL. LII
No 38
21-Sep-2009
KUWAIT
GE And Hyundai Win $2.65Bn Contract To Build 2GW Power Plant at Sabiya
Kuwaits Ministry of Electricity and Water signed a turnkey contract with GE Energy and Hyundai Heavy Industries on 14 September for the construction of a 2gw power plant at Sabiya in northern Kuwait, at a total cost of $2.65bn. A statement by GE said the plant would add much needed power to the grid, adding to Kuwaits current generating capacity of 11gw. Kuwaits...
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