Korea Electric Power Corp. (KEPCO) has secured a $1.4 billion contract with Saudi Aramco to build a 331-MW cogeneration facility at the Jafurah gas project. The plant will supply electricity and steam for 17 years, contributing to the $100 billion investment in the Jafurah development, which aims to boost Saudi Arabia's gas processing capacity. The project is expected to be completed by June 2029.
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