- Korea Electric Power, Sumitomo score $1.5B deal for U.A.E. project
The Abu Dhabi Water and Electricity Authority has awarded Korea Electric Power and Sumitomo a $1.5 billion contract for construction and operation of a nuclear plant in the United Arab Emirates. The facility will be capable of producing 1,600 megawatts when it becomes operational in March 2014, KEPCO said. The Korea Herald (Seoul)http://www.koreaherald.com/business/Detail.jsp?newsMLId=20101018000922
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