Qatar has signed a series of deals to build a $3.8 billion desalination and power plant part owned by Japanese and French firms.

The statement from Qatar General Electricity & Water Corporation said that the facility will be completed in 2011 and will be owned and operated by Ras Girtas Power Company, which is jointly owned by Qatar Electricity & Water Company with 45%, a consortium of Japan's Mitsui and France's Suez Energy International with 40% and Qatar Petroleum with 15%.

Source: Steel Guru

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