S Korea takes lead in $800m Jordan power contract
International consortium to build 600MW plant in Jordan
An international consortium led by South Korean state utility Korea Electric Power Co (KEPCO) has won an $800m power plant project in Jordan.
The consortium, which also involves Japan's Mitsubishi and Finland's diesel-engine maker Wartsila, will build a 600MW plant for Jordan's National Electric Power, KEPCO said in a statement.
The Korean firm said it would hold a 60% stake in the project, with Mitsubishi having 35% and Wartsila 5%.
The consortium aims to complete construction by 2014 and operate the plant for 25 years after completion. KEPCO would invest about $120m in the project.