HTML clipboardUS industrial conglomerate General Electric and South Korea's Hyundai Heavy Industries have signed a $2.7bn (�1.6bn) power plant deal with Kuwait.
The partners plan to complete the 2,000 megawatt plant, located in the northern town of Subbiya, by 2012, although it will start producing power in 2011.
The plant will comprise six gas turbines and six steam turbines.
Kuwait has ambitious plans to boost substantially its power supply in the coming years.
"It is an important step in our plans to boost power capacity to meet continuing demand, which is projected to grow at about 8% a year," said Kuwait's Minister of Electricity and Water Badr al-Shuraian.
