
US firm wins $339m ops deal for Lebanese power plants
BEIRUT, January 31, 2016
US-based Primesouth, a leader in power plant services, has won a five-year, $339 million contract from Lebanon’s Ministry of Energy and Water to operate and maintain the Zahrani and Deir Amar power plants, a report said.
Participants in the bid included another US firm, HPI and India’s KSSR, added Business News by Lebanon Opportunities, highlighting that Primesouth will succeed Malaysian firm YTL Power Services.
The two power plants have a combined power generation of 900 megawatts (MW), representing 40 per cent of total production, the report said.