AES Corporation takes Ras
- From: Vol 2, Issue 5 (May 2001)
- Category: Brief
- Region: Middle East
- Country: Qatar
- Related Companies: AES Corporation, Qatar Electricity & Water Co and Qatar Petroleum
AES CORPORATION of the US has booked a preliminary contract from Qatar Petroleum for the Ras Laffan independent water and power project (IWPP).
The gas-fired cogeneration project will produce 40MGD of water and will have installed electricity production capacity of 750 MW. The project is scheduled to go into operation by early 2003.
AES is expected to take a 55% stake in the project and will assume operational management. Other shareholders are likely to be Qatar Petroleum, Qatar Electricity and Water Company, and ...
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