ALGERIA DOES 8,400 MW, $2.2 BIL WIND DEAL WITH GE

GE Wins $2.2 Billion Algeria Turbine Contract; The deal was part of Algeria's efforts to construct its own power stations, buying the turbines only from foreign suppliers and not the complete plant.

September 22, 2013 (AFP)

"General Electric Co. (IW 500/6) has won a $2.2 billion contract to provide turbines for six power plants [with a total capacity of 8,400 megawatts] in Algeria, state energy giant Sonatrach announced…Algeria plans to build six new power plants with capacities of between 1,200 and 1,600 megawatts each by 2017…[The GE deal is] part of Algeria's efforts to construct its own power stations, buying the turbines only from foreign suppliers and not the complete plant…[The new plants will] allow Algeria to put an end to the frequent power cuts that have hit consumers during periods of peak demand, particularly in the heat of the summer.” click here for more

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