Middle East Economic Survey
Siemens Wins $193Mn Berroughia Power Plant Contract
Siemens has won the $193mn contract to construct and operate a 490mw power plant at Berroughia, 100km south of Algiers. The construction of the plant is due to be completed in 2006 and will be followed by a seven-year maintenance period, for which the company will be paid $23mn. The plant will be managed by the Sonatrach-Sonelgaz (51%/49%) joint venture Sharika Kahraba...