Multiple Companies to Bid in Tender Process for New Turbines for Israeli Power Plant

The tender, to build the natural-gas based power plants, is worth an estimated $650 million. Siemens, GE and Mitsubishi have all stated that they are interested in bidding

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The Israel Electric Corporation’s tender to acquire new turbines for its Hadera power plant mean that the winner has to be Siemens, and Mitsubishi doesn’t have a chance, say industry insiders.