Brief: Itochu, Hitachi Zosen Secured Order To Build, Operate Waste-To-Energy Plants In Dubai - Nikkei

Kanadevia

21/12/2020 20:29

Dec 22 (Reuters) - Nikkei: 
    * ITOCHU, HITACHI ZOSEN SECURED ORDER TO BUILD, OPERATE
WASTE-TO-ENERGY PLANTS IN DUBAI - NIKKEI
    * FACILITY WILL BE ABLE TO PROCESS ABOUT 6,000 TONS PER DAY,
WITH
AN ANNUAL CAPACITY OF 1.9 MILLION TONS - NIKKEI
    * WASTE-TO-ENERGY FACILITY EXPECTED TO COST ABOUT 120
BILLION YEN
($1.16 BILLION) - NIKKEI
    * ITOCHU, HITACHI ZOSEN WILL HAVE 35-YEAR CONTRACT TO
OPERATE
PLANT, WHICH IS SLATED TO COME ONLINE IN 2024- NIKKEI
    * ITOCHU & HITACHI ZOSEN TO HAVE 35-YEAR CONTRACT TO OPERATE
PLANT, WHICH IS SLATED TO COME ONLINE IN 2024 - NIKKEI
    * TO ESTABLISH NEW VENTURE FOR PROJECT, WITH ITOCHU OWNING
20% &
UNIT OF HITACHI ZOSEN HOLDING 10%; STATE-LINKED DUBAI HOLDING
WILL CONTROL 31% -NIKKEI

Source text https://s.nikkei.com/3rjVTk3
Further company coverage:  7004.T 

 ((Reuters.Briefs@thomsonreuters.com;))