Thursday, December 16, 2010

Loh & Loh JV seals RM828.3m contract for hydro project

KUALA LUMPUR: TENAGA NASIONAL BHD [] has signed three agreement for the Hulu Terengganu hydroelectric project, of which the main civil works will be undertaken by'' Loh & Loh CONSTRUCTION [] Sdn Bhd and Sinohydro Corp Ltd JV.

Tenaga said on Thursday, Dec 16, the JV would be responsible for the main civil works including building two dams, a water transfer tunnel and an underground power house for RM828.3 million.

The power giant said the second agreement was with the consortium of Alstom Projects India Ltd and Alstom Hydro Malaysia Sdn Bhd for an accepted contract price of 27.5 million euros and RM127.6 million.

The contract involves the design, manufacture, erection, testing and commissioning of two generating plant, each with a generating capacity of 125MW.

The third agreement was with SNC-Lavalin Inc, SNC-Lavalin Power (Malaysia) Sdn Bhd, KTA Tenaga Sdn Bhd and G & P Professionals Sdn Bhd.

This JV will provide detailed engineering design for the main civil works, engineering design review for the electrical and mechanical works, project management and site supervision. The accepted contract price is C$17.3 million and RM35.9 million.

To recap, the'' entire project will involve building two dams and the installation of two hydro turbines and generators in an underground power station with a total installed capacity of 250MW.

The project will be at the upper reaches of Sg. Terengganu upstream of Kenyir Lake. The project is expected to be completed and the station operational by October 2015.

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