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The source said the project’s capacity can be increased in case of securing larger funding.
Three companies were competing for the project, including Vestas, Siemens Gamesa, and Senvion.
Siemens Gamesa, Vestas, Senvion to approve request
Vestas, Siemens Gamesa, Sinfon compete for project
The investment cost is $2.2bn to be managed by six banking institutions
Six banks to finance the project, including HSBC and Euler Hermes