Siemens consortium wins combine-cycle power plants

Siemens AG has won a contract worth around US $1 billion (ARS3 billion) for the turnkey construction of two combine-cycle power plants in Argentina.

Siemens AG has won a contract worth around US $1 billion (ARS3 billion) for the turnkey construction of two combine-cycle power plants in Argentina.

The company will build the plants as part of a consortium comprising Duro Felguera, Electroingenieria and Inelectra.

The power plants will be operated by the independent power producers Termoelectrica Manuel Belgrano and Termoelectrica Jose de San Martin.

Each facility will have a capacity of 830mW.

Completion is scheduled for early 2009.

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