A South Korean consortium organized by Daewoo International Corp won a $1.4 billion order to build two power plants in Algeria from the state-run utility Sonelgaz, Daewoo said on Thursday.
Daewoo International, Hyundai Engineering & Construction Co Ltd and Hyundai Engineering Co Ltd won the order to build power plants in Biskra and Jijel provinces in Algeria, Daewoo said in a statement.
Daewoo, South Korea's largest general trading company, said construction is expected to be completed 39 months after breaking ground.
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