Middle East Economic Survey
VOL. XLVIII
No 33
15-August-2005
CASPIAN
Siemens Wins 260Mn Power Plant Order From Azerbaijan
Germanys Siemens Power Generation Group (PG) on 9 August announced that Azerbaijan had ordered a 500mw turnkey combined-cycle power generation plant. Siemens said the order, worth 260mn, was its first from the Caspian region. The purchaser is state-owned utility Azerenerji JSC, headquartered in the capital, Baku. The power plant will be constructed in Sumgait, 30km northwest of...
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