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Japan's Mitsui, Toshiba To Build Power Plant In Nepal

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Oct 27, 1997 Nikkei English News via Individual Inc. :

TOKYO (Nikkei)--Japanese trading house Mitsui & Co. (8031) has won a 6 billion yen contract from the Nepal government to build a hydraulic power plant, together with Toshiba Corp. (6502) of Japan and a major French electric machinery manufacturer.

The plant will have an output capacity of 150,000 kilowatts, nearly half the country's current electric power output. The Overseas Economic Cooperation Fund and the Asian Development Bank have agreed to provide loans for the project.

The plant, due for completion in 2000, will be built at a site near the border with India, 300 kilometers west of Katmandu. The tender was to build three 50,000 kilowatt generation systems.

Defeated bidders included Siemens Nixdorf Information System AG from Germany. The demand for electricity is growing at 10% a year in Nepal because of economic expansion.

(The Nihon Keizai Shimbun Saturday morning edition)<

> [Copyright 1997, Nikkei America]



足立コメント

OECFとは言え,久しぶりの朗報ですね。60億円は少し小さいが。


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