AGL 40.02 Decreased By ▼ -0.01 (-0.02%)
AIRLINK 128.15 Increased By ▲ 0.45 (0.35%)
BOP 6.67 Increased By ▲ 0.06 (0.91%)
CNERGY 4.50 Decreased By ▼ -0.10 (-2.17%)
DCL 9.15 Increased By ▲ 0.36 (4.1%)
DFML 41.75 Increased By ▲ 0.17 (0.41%)
DGKC 87.55 Increased By ▲ 1.76 (2.05%)
FCCL 32.69 Increased By ▲ 0.20 (0.62%)
FFBL 64.50 Increased By ▲ 0.47 (0.73%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 111.41 Increased By ▲ 0.64 (0.58%)
HUMNL 14.79 Decreased By ▼ -0.28 (-1.86%)
KEL 5.05 Increased By ▲ 0.17 (3.48%)
KOSM 7.40 Decreased By ▼ -0.05 (-0.67%)
MLCF 41.05 Increased By ▲ 0.53 (1.31%)
NBP 61.30 Increased By ▲ 0.25 (0.41%)
OGDC 195.75 Increased By ▲ 0.88 (0.45%)
PAEL 27.70 Increased By ▲ 0.19 (0.69%)
PIBTL 7.75 Decreased By ▼ -0.06 (-0.77%)
PPL 153.08 Increased By ▲ 0.55 (0.36%)
PRL 26.60 Increased By ▲ 0.02 (0.08%)
PTC 16.12 Decreased By ▼ -0.14 (-0.86%)
SEARL 84.20 Increased By ▲ 0.06 (0.07%)
TELE 7.93 Decreased By ▼ -0.03 (-0.38%)
TOMCL 36.70 Increased By ▲ 0.10 (0.27%)
TPLP 8.86 Increased By ▲ 0.20 (2.31%)
TREET 17.06 Decreased By ▼ -0.60 (-3.4%)
TRG 57.48 Decreased By ▼ -1.14 (-1.94%)
UNITY 27.00 Increased By ▲ 0.14 (0.52%)
WTL 1.35 Decreased By ▼ -0.03 (-2.17%)
BR100 10,000 No Change 0 (0%)
BR30 31,002 No Change 0 (0%)
KSE100 94,702 Increased By 509.7 (0.54%)
KSE30 29,421 Increased By 219.6 (0.75%)

German engineering group Siemens said Tuesday it has won a contract that could be worth some 600 million euros (790 million dollars) to supply 258 wind turbines to a US power company. Siemens is to build and install the turbines for three MidAmerican Energy Company projects in the state of Iowa that should provide 593 megawatts of energy, enough for 190,000 average US households, a statement said.
The value of the deal was not specified but a Siemens spokesman told AFP that industry calculations put the cost of installing one megawatt of power at around one million euros. Two Siemens plants, one in Iowa and a new one in Kansas would build the turbines "and the company has committed to further production expansion as the US market continues to grow," the statement said. Iowa has the highest percentage of wind energy generation of any state in the United States, Siemens executive Rene Umlauft noted.

Copyright Agence France-Presse, 2010

Comments

Comments are closed.