Power Group Online Article |  | |
29 August 2007 - French nuclear energy group Areva said its transmission and distribution division had signed a turnkey contract to build a high-voltage substation in Saudi Arabia.
The €67 m ($91.6 m) contract was awarded by the project engineering procurement contractor, Mitsubishi Heavy Industries, as part of a water project led by the Shuqaiq Water and Electricity Co, Areva said.
Under the contract, Areva T&D will also supply associated control and protection systems as well as engineering, erection and commissioning works. The substation is scheduled for delivery by April 2009.
Michel Augonnet, executive vice-president of Areva T&D's Systems Business Unit said: "We were awarded this contract against fierce competition due to our optimal project delivery time, recognised reactivity and longstanding expertise."
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