News ID: 153980
Published: 0722 GMT June 27, 2016

South Korean company inks $185m desalination plant deal

South Korean company inks $185m desalination plant deal

South Korea's top power equipment maker, Doosan Heavy Industries and Construction Co., said on Monday that it has clinched a 220 billion-won ($185 million) deal to build a desalination plant in Iran.

Under the deal with the Iran-based Sazeh Sazan, Doosan Heavy will construct the facility by October 2018. The South Korean company will also operate and conduct maintenance work of the installation for 12 years, Yonhap reported.

Doosan Heavy's deal marks the first for a desalination plant in the Middle East country following the removal of international sanctions earlier this year.

The facility will process 200,000 tons of sea water into fresh water a day, enough for 670,000 people, according to Doosan Heavy.

In May, Doosan Heavy also received a 460 billion-won deal to build a desalination plant ($387 million) in Kuwait.

   
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