Thursday, 5 February 2015

Hyundai E&C bags $715 million utilities deal

Hyundai E&C bags $715 million utilities deal
Hyundai Engineering & Construction Co has been awarded by Mirfa Project Co, a unit of Abu Dhabi Water & Electricity Authority a $715.4 million (723.9 billion won) order to repair and install power and water treatment plants in the UAE.

The South Korean builder said in the regulatory filing the contract award is likely to be completed by April 2017, but the date was subject to change.

A dedicated base is to be build up at Kizad Port as per the agreement signed between Hyundai E&C and Abu Dhabi Ports Company, in May.Read complete story at http://www.tendersontime.com/blog-detail/hyundai-eampc-bags-715-million-utilities-deal-132.php

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