Shanghai Electric Awarded Namibia's $1.2 Billion Kudu Power Project

JOHANNESBURG--September 29, 2014--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--Shanghai Electric (OTC:SIELY) (Shanghai, China) has been picked as the preferred bidder for Namibia's proposed $1.2 billion, gas-fired power plant. Namibia's power utility, Nampower (Windhoek), made the announcement.

Within this article: Details on the proposed power plant and operations at the Kudu Field.

Other companies featured: Itochu (NASDAQ:ITOCY), Siemens (NYSE:SI).