KEPCO has won an $800 million power plant project in Jordan, according to the South Korean state utility
This file photo shows the company's flag flying outside the head office of the Korea Electric Power Corporation (KEPCO) in Seoul. An international consortium led by KEPCO has won an $800 million power plant project in Jordan, according to the S.Korean state utility. © Park Ji-Hwan - AFP/File
KEPCO has won an $800 million power plant project in Jordan, according to the South Korean state utility
AFP
Last updated: January 31, 2012

KEPCO consortium wins $800mn project in Jordan

An international consortium led by Korea Electric Power Co (KEPCO) has won an $800 million power plant project in Jordan, according to the South Korean state utility.

The consortium, which also involves Japan's Mitsubishi and Finland's diesel-engine maker Wartsila, will build a 600-megawatt plant for Jordan's National Electric Power, KEPCO said in a statement, released on Tuesday.

The Korean firm said it would hold a 60 percent stake in the project, with Mitsubishi having 35 percent and Wartsila five percent.

The consortium aims to complete construction by 2014 and operate the plant for 25 years after completion, it said, adding KEPCO would invest about $120 million in the project.

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