Mitsubishi Corporation and Tokyo Electric Power Company Participate in IWPP Project in Qatar – The Two Companies Succeeded in The International IWPP Tender
Date: May 25, 2015
Source: Mitsubishi Corporation
Mitsubishi Corporation (MC) and Tokyo Electric Power Company (TEPCO) are pleased to announce that a 25-year power and water purchase agreement (PWPA) has been reached between Qatar General Electricity and Water Corporation (KAHRAMAA) and K1 Energy, a joint venture established by MC and TEPCO, each holding an equity share of 98.5% 1.5%, respectively*. The agreement is the result of an international tender issued by the KAHRAMAA in May 2014.
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