Samsung Gets Mexico Contract

Korea’s Samsung Engineering says it has been awarded the $300m Norte II power plant contract. Samsung has a participation of over 80% in the contract, it says. Italy’s Techint has the remainder. The 433MW combined cycle power plant will be built in El Elcino in the Chihuahua province and is expected to be completed in May 2013. The Korea Electric Power Corporation has responsibility to operate and maintain the plant for 25 years after the completion of the license.