VOL. XLVI

No 41

13-October-2003

LIBYA

GECOL Awards Spanish Companies Two Power Contracts Worth 300Mn

Marking the first contracts to be awarded since the lifting of UN sanctions on 12 September, the General Electric Company of Libya (GECOL) has awarded a 215.6mn turnkey contract to Spanish engineering company Abengoa and a 85.5mn turnkey contract to construction company ACS also of Spain. The companies will build electricity transmission and substation infrastructure and will extend the 400kV...