VOL. XLIII
No. 32
7-August-2000
UAE
TotalFinaElf/Tractebel Confirmed As Winners Of Al-Taweelah A-1 Power Privatization Contract; CMS Energy Starts Al-Taweelah A-2 Plant
Frances TotalFinaElf announced on 1 August that it and Belgiums Tractebel had been awarded the contract for the upgrading and refurbishment of al-Taweelah A-1 power/water plant, as well as acquiring a 40% stake in the plant. TotalFinaElf said its winning bid was $1.5bn. A local company will be set up to manage and operate the...
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