MONTREAL, Feb. 22, 2011 /CNW Telbec/ - SNC-Lavalin is pleased to
announce that Contact Energy (Wellington, NZ) has awarded the McConnell
Dowell/SNC-Lavalin/Parsons Brinkerhoff joint venture an engineering,
procurement, construction (EPC) contract for the construction of the
166 MW Te Mihi geothermal project.
Two new geothermal power units of 83 MW each will be constructed near
the Wairakei geothermal power station, northwest of Taupo, NZ. Once
completed, approximately 45 MW of the existing Wairakei geothermal
station will be decommissioned, resulting in a net increase from the
combined Te Mihi and Wairakei stations of 114 megawatts.
"We are pleased to be expanding our experience in the worldwide
renewable energy market, and to be working with a leading green energy
company like Contact Energy" said Patrick Lamarre, Executive
Vice-President, SNC-Lavalin Group. "Geothermal power is playing an
increasingly important role in the industry, and our mandate to execute
on this contract is a testament of our ability to successfully deliver
complex projects all over the world."
Contact Managing Director, David Baldwin, says the commitment to Te Mihi
reflects the company's view that geothermal is New Zealand's most cost
effective new base load generation.
"The additional 114 megawatts is expected to be required by the market
by 2013 as economic growth resumes, and will also contribute to
lowering Contact's average cost of generation," he said.
SNC-Lavalin (TSX:SNC) is one of the leading engineering and construction
groups in the world and a major player in the ownership of
infrastructure, and in the provision of operations and maintenance
services. SNC-Lavalin has offices across Canada and in over 35 other
countries around the world, and is currently working in some 100
countries. In business since 1911, the Company celebrates its 100th anniversary in 2011. www.snclavalin.com.
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