Utility Kahramaa has revealed the winning consortium initially offered $0.01745/kWh with the price then reduced based on financial market indices.
The resulting project will sell power to Qatar General Electricity and Water Corp under a 25-year power supply deal. French oil and gas giant Total and Japanese conglomerate Marubeni will hold a combined 40% stake in the power plant, which will be built near Doha, the Qatari capital.
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