German industrial conglomerate Siemens AG (SIE.XE) Wednesday said it has received an order from Spanish engineering company Elecnor SA (ENO.MC) to supply equipment for power plants in Venezuela.

MAIN FACTS:

-Financial details of the order weren't disclosed.

-The power plants, which are a part of Juan Manuel Valdez Guiria project, will be constructed in two phases. The plant to be constructed in phase one will have a total capacity of 700 megawatts and will start operating in 2015.

-Siemens will supply gas turbines, steam turbines, generators, instrumentation and control equipment etc.

-Elecnor SA is constructing the plants on a turnkey basis for Petroleos de Venezuela S. A.