KEPCO, Samsung in $4.5 bln Kazakhstan power project

Tue May 13, 2008 8:14pm EDT
 
[-] Text [+]

SEOUL, May 14 (Reuters) - South Korean utility Korea Electric Power Corp (015760.KS) and building group Samsung Corp (000830.KS) have secured a preliminary $4.5 billion deal to build a power plant in Kazakhstan, a source close to the matter said.

The two firms are in talks with Kazakhstan's state holding company Samruk, the source said on Wednesday. (Reporting by Cheon Jong-woo; editing by Jonathan Hopfner)

 
Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better