The contract for the operation and maintenance of the two new power plants at Zouk and Jiyeh has been won by a joint venture of Indian firm Operational Energy Group (OEG), Turkish firm Arkay Limited, and local firm Middle East Power, according to a source at the Ministry of Energy and Water (MoEW).
The contract is pending the sign-off of the Ministry of Finance (MoF). Its value is €108 million ($119 million) over a period of five years.
The Danish contractor, Burmeister & Wain Sca...
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