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	<title>Stock Blog Hub &#187; Mitsui &amp; Company Ltd</title>
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		<title>(GE) General Electric Wins Contract for Kuwaiti Power Plant</title>
		<link>http://www.stockbloghub.com/2009/08/26/ge-general-electric-wins-contract-for-kuwaiti-power-plant/13500</link>
		<comments>http://www.stockbloghub.com/2009/08/26/ge-general-electric-wins-contract-for-kuwaiti-power-plant/13500#comments</comments>
		<pubDate>Wed, 26 Aug 2009 20:30:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Conglomerates]]></category>
		<category><![CDATA[GE]]></category>
		<category><![CDATA[General Electric Company]]></category>
		<category><![CDATA[Mitsui & Company Ltd]]></category>
		<category><![CDATA[MITSY]]></category>
		<category><![CDATA[SI]]></category>
		<category><![CDATA[Siemens AG]]></category>

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		<description><![CDATA[The Ministry of Electricity and Water in Kuwait recently selected General Electric Co. (GE) for building a 2,000 megawatt power plant. The company had submitted a bid for 770 million dinars ($2.7 billion) for the Subbiya plant. In April, Kuwait floated a new tender for building turbines for a plant in the north of the country. At that time, the Ministry had expected costs for bringing the plant into effect by 2011 to be far less than 700 million dinars. Kuwait has one of the world’s highest per capita power consumption rates. Apart from GE, other companies that initially qualified for the project included Germany&#8217;s Siemens (SI), Japan&#8217;s Mitsui &#38; Co. (MITSY) and Marubeni Corp., Spain&#8217;s Iberdrola Ingenieria Y Construccion and Canada&#8217;s SNC-Lavalin Ltd. General Electric has products and services ]]></description>
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