Hungary to award power contracts
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28/01/1999
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Financial Times (London)
Hungarian utility Dunamenti Power, majority owned by Tractebel of Belgium, is favourite to win the contract to build a new 400MW coal-fired power station at a cost of $400m. Dunamenti, already Hungary's largest generating company with a combined capacity of almost 2,000MW, is understood ot have outdid German and US utilities in a tender for new generating capacity first launched in 1997.