23 Oct 2010
(MENAFN) Greek engineer Metka, part of Mytilineos Group, said it has signed a contract to build a 724 megawatt thermal power station in Syria, as it expands abroad to counter the crisis at home, Reuters reported.
A joint venture between Metka, with a 77 percent stake, and Italian group Ansaldo STS had been declared preferred bidders for the $934 million contract last year.
It was the second power station contract the two companies have won in Syria. In June 2009, they signed a contract for the construction of a 700 megawatts thermal plant south of Damascus.
Metka is chasing projects in the Balkans and the Middle East where it expected economic growth and power shortages to fuel investments in energy infrastructure.
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
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BBK discloses its financial results for the year ended 31st December 2025
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BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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