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KOREA ELECTRIC POWER CORP.(KEPCO), South Korea's state-run power company, said Monday it has won a US$450 million order to build a power transmission system and a power station in western Africa. Under the deal signed with the West African Power Pool (WAPP), KEPCO plans to construct a 400-megawatt combined cycle power plant in Maria Gleta, a free trade zone near Porto Novo, the capital of Benin, the company said in a statement. - KEPCO will also build a 100-kilometer power transmission line linking the plant with a power substation in southern Togo. -KEPCO will operate the plant for 20 years, the company said, without announcing when it will break ground for the plant. [ Retrieved on 25 FEB 2008 - http://www.tradingmarkets.com/.site/news/Stock%20News/1085345/ ] |