VOL. XL

No. 10

10-March-1997

YEMEN

Yemen Awards $75Mn Contract To US Group For BOT Power Plant

The Yemeni Council of Ministers approved on 24 February theaward of a $75mn contract to the US group headed by Texky Resources Inc. for theconstruction of a new power plant on a build-operate- transfer (BOT) basis in the Dhahbanarea of the capital San'a. The plant will have an initial capacity of 60MW, rising to140MW and eventually to 400MW before the year 2000. The group, which includes Kebert...