06.08.2010 Power Engineering Int.
South Korea’s Daewoo Engineering and Construction is to build a 750 MW gas fired power plant in Libya in a deal worth $438m.
Daewoo has signed a contract in Libya with the state-run General Electricity Company of Libya to build the plant in Zwitina, some 140 km (87.5 miles) southwest of Benghazi. Daewoo is building an addition to an existing 500 MW gas powered plant to boost output by an additional 750 MW.
Daewoo will install a steam turbine and a pair of heat recovery steam generators, which salvage energy released from hot gas streams. The project will start in November this year and is to be completed by May 2013, the company said.
It is the fourth major power plant contract Daewoo has won in Libya since 2003. It comes even though Libya expelled a South Korean intelligence official in June for allegedly trying to collect information on ruler Moamer Kadhafi, his family and leading bureaucrats.