Japanese firms Mitsui & Co. (TSE:8031) and Toyo Engineering Corp. (TSE:6330) said Tuesday that they have jointly won contracts to build seven highly efficient natural-gas-fired power plants in
Each signed the deals — estimated to total roughly 70-80 billion yen (US$841-961 million) — with wholly owned units of Gulf JP Co., a Thai subsidiary of Electric Power Development Co. (TSE:9513), or J-Power. Mitsui will handle the construction work, while Toyo Engineering will supply the equipment.
Six 110mw facilities and one 120mw facility will be built in the suburbs of
