SNC-Lavalin Awarded Turnkey Contract in Re-Powering of SaskPower Station in Saskatchewan
VANCOUVER, BC--JULY 27, 2000-- SNC-Lavalin, in consortium with Hitachi Ltd., has been awarded a turnkey contract by Marubeni Canada to re-power SaskPower's Queen Elizabeth Station at Saskatoon. Under a separate contract with SaskPower, SNC-Lavalin has been awarded the civil works for the project. The total project value is $140 million, with SNC-Lavalin's portion at approximately $42 million.
Work will be carried out by SNC-Lavalin's Vancouver-based Thermal Power Division, whose scope on the project includes overall plant design, supply of balance of plant, civil works, and all construction work. The re-powering will entail the installation of gas turbines and once-through steam generators. The project is to begin immediately and should be completed by mid-2002.
The Thermal Power Division has completed large coal-fired and combined cycle plants for a variety of clients worldwide. More recently, the SNC-Lavalin's Power Division has been forming partnerships with manufacturers and developers on a number of private power projects and has actively assumed the role of turnkey contractor for power plants.
SNC-Lavalin Group is one of the leading engineering and construction firms in the world, and a key player in the ownership and management of infrastructure. The group and its companies have offices across Canada and in 30 other countries, and are currently working in some 100 countries. The company is listed on the Toronto Stock Exchange (symbol: SNC). |