Daewoo E&C wins $1.04 billion deal from Morocco

SEOUL Mon Dec 27, 2010 1:14am EST

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SEOUL Dec 27 (Reuters) - South Korea's Daewoo Engineering and Construction (047040.KS) said on Monday it has signed a 1.2 trillion won ($1.04 billion) deal to build a thermal power plant in Morocco.

Daewoo said in a statement it will complete construction by April 28, 2014, under the deal signed with a company called Jorf Lasfar energy company 5&6. ($1=1151.9 Won) (Reporting by Danbee Moon; Editing by Yoo Choonsik)