Expansion of over US$500 million
Doha, QATAR, November 28, 2005: GE Energy recently signed a contract with the Qatar Electricity & Water Company (QEWC) for the expansion of the Ras Abu Fontas B-2 power plant in the State of Qatar. This important venture for over US$500 million, to be developed by a consortium including GE and FISIA Italimpianti., is due for completion in 2007 and will help Qatar support future demands for power and water. The power plant will produce 597 megawatts of power and 30 million gallons of desalinated water per day.