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GE to build $2.7bn power plant in Kuwait

The plant will generate…

August 26, 2009 1:42 by

US-based General Electric (GE) has been chosen by Kuwait’s central tenders committee to build a 2,000 megawatt power plant in the country, reports Reuters, quoting Arabic daily Al-Watan.  GE reportedly submitted a bid for KD770 million ($2.7 billion) to build the Subbiya plant.

Apart from GE, the other companies which had pre-qualified include Germany’s Siemens, Japan’s Mitsui & Co and Marubeni Corporation, Spain’s Iberdrola Ingenieria Y Construccion, and Canada’s SNC-Lavalin.

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