Mitsui & Co. (MITSY +0.2%) and Korea Electric Power (KEP +1%) say they will collaborate to...

|About: Mitsui & Co., Ltd. ADR (MITSY)|By:, SA News Editor

Mitsui & Co. (MITSY +0.2%) and Korea Electric Power (KEP +1%) say they will collaborate to upgrade a fossil-fuel-burning power plant for Takoradi International in Ghana. The project includes adding a steam turbine, heat recovery steam generators and a seawater cooling system to the existing gas turbines, and will have a total contract value of around $260M.