GE wins '$2.2 bn Algeria turbine contract'

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General Electric Co. has won a $2.2 billion contract to provide turbines for six power plants in Algeria, state energy giant Sonatrach announced on Sunday.

"GE has won the contract to provide the turbines with a total capacity of 8,400 megawatts for a sum of $2.2 billion dollars," Sonatrach chief Nourredine Bouterfa told state radio.

Algeria plans to build six new power plants with capacities of between 1,200 and 1,600 megawatts each by 2017.