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Samsung C&T ..... sees the new power plant ready in three years.

Samsung wins $600m Turkey power plant deal

SEOUL, October 24, 2014

Samsung C&T Corp has won a 630 billion won ($597 million) order to build a power plant in Turkey from Saudi Arabia's ACWA Power International.

The South Korean builder said in a statement the construction of the gas combined cycle power plant in the Kirikkale region in Turkey is expected to be completed by May 2017.

Shares of Samsung C&T traded up one per cent as of 0008 GMT, beating a 0.3 per cent gain in the wider market. - Reuters




Tags: Samsung | Saudi | Turkey | power | Acwa | plant |

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