SOUTH KOREAN DOOSAN HEAVY TO BUILD POWER PLANT IN ATYRAU

Doosan Heavy Industries & Construction Co., South Korea’s leading power equipment maker, said Sunday that it has clinched a 340 billion won (US$308 million) deal to build a power plant in Kazakhstan.

Under the deal with Karabatan Utility Solutions, Doosan Heavy will build the coal-fired power plant with a 310-megawatt capacity in Atyrau on the northern banks of the Caspian Sea.

The construction of the power plant will be completed by February 2018, according to Doosan Heavy.

South Korean companies are working on large-scale projects worth a combined $8 billion in Kazakhstan.

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