AKFED’s Azito Energie awards US$250 Mln Power Plant Contract to Hyundai

AKFED's Azito Energie awards US$250 Mln Power Plant Contract to HyundaiSEOUL, Jan. 11 (Yonhap) — Hyundai Engineering & Construction Co., a South Korean industrial plant builder, said Wednesday it has clinched a US$250 million deal to build a power plant in Cote d’Ivoire.

Under the deal with Azito Energie S.A., Hyundai will build a 139 megawatt electricity power generation unit at an existing plant in the West African country. Construction is expected to be completed in 27 months.

http://english.yonhapnews.co.kr/business/2012/01/11/0501000000AEN20120111005700320.HTML

A profile of the Azito Energie project in West Africa: Meeting Côte d’Ivoire’s energy needs through private sector investment
http://www.akdn.org/akfed_ips_azito.asp

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Independent, civil society media featuring Ismaili Muslim community, inter and intra faith endeavors, achievements and humanitarian works.

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