http://www.turkishpress.com/news.asp?id=156125
Suez consortium wins tender for Saudi Arabia water power project 12-20-2006, 18h16 PARIS (AFP) The French utilities group Suez said that its energy unit, in a consortium with Gulf Investment Corporation and Arabian Company for Water and Power Projects, had won a tender for the Marafiq water and power project in Jubail in northeastern Saudi Arabia. The group in a statement called the scheme the "world's largest power and desalination project," offering capacity of 2,750 mega watts (MW) of electricity and and 800,000 cubic metres of drinking water per day. It is to supply water and electricity to industrial and non-industrial customers in Jubail and eastern province. The consortium will own 60 percent of the project, which is to cost approximately 3.4 billion dollars (2.6 billion euros). The sale of the plants entire energy and water output is guaranteed in a 20 year power and water purchase agreement. The contract is expected to generate total turnover of 8.5 billion dollars in the period. The project represents approximately 10 percent of current total installed capacity in Saudi Arabia of 29,000 MW, which is planned to increase to 60,000 by 2020 to meet the kingdom's rapidly increasing energy demand. The Marafiq will also be a substantial contributor to the country's water supply when it comes online in July 2009. Suez is now the leading private developer in the Middle East, managing 8,200 MW of installed power capacity, the group said. +++ -------------------------- Want to discuss this topic? Head on over to our discussion list, [EMAIL PROTECTED] -------------------------- Brooks Isoldi, editor [EMAIL PROTECTED] http://www.intellnet.org Post message: osint@yahoogroups.com Subscribe: [EMAIL PROTECTED] Unsubscribe: [EMAIL PROTECTED] *** FAIR USE NOTICE. This message contains copyrighted material whose use has not been specifically authorized by the copyright owner. OSINT, as a part of The Intelligence Network, is making it available without profit to OSINT YahooGroups members who have expressed a prior interest in receiving the included information in their efforts to advance the understanding of intelligence and law enforcement organizations, their activities, methods, techniques, human rights, civil liberties, social justice and other intelligence related issues, for non-profit research and educational purposes only. We believe that this constitutes a 'fair use' of the copyrighted material as provided for in section 107 of the U.S. Copyright Law. If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/osint/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/osint/join (Yahoo! ID required) <*> To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
