Qatar signs deals to build bln dlr power plant

0 Comments | AFP, May, 2008

DOHA (AFP) — Gas-rich Qatar on Sunday signed a series of deals to build a 3.8-billion-dollar (2.5-billion-euro) desalination and power plant part-owned by Japanese and French firms, a statement said.

The facility will be completed in 2011 and will be owned and operated by Ras Girtas Power Company, the statement from the Qatar General Electricity and Water Corporation, which will purchase the power and water from the plant, said.

The Ras Girtas Power Company is jointly owned by the Qatar Electricity and Water Company (45 percent), a consortium of Japan's Mitsui and France's Suez Energy International (40 percent) and Qatar Petroleum (15 percent).

The plant will have eight gas turbine generators, eight heat recovery steam generators, four steam turbine...