|
|
|
|
|
Home > News > Corporate news > 3rd October, 2007
|
|
3rd October, 2007
|
Litwin Awarded US$60 Million Power Plant EPC Contract
Litwin SA has been awarded a contract to supply a 200 MW power station for a subsidiary of Gaz de France, as part of a consortium led by Centrax Gas Turbines. The power will be sold to Reseau Transport Electrique (“RTE”) which manages and regulates electricity transmission in France.
The consortium will be responsible for all aspects of the power station construction, including full Engineering, Procurement and Construction (“EPC”). The contract is for approximately US$140 million, of which Litwin’s share is US$60 million.
The new power station will use Rolls-Royce gas turbines and aims to stabilise the Brittany power grid. It is expected to become operational from 2010, allowing Gaz de France to supply the entire region. The plant will be located ten kilometers south of St-Brieuc.
Max Abitbol, Chief Executive Officer of Litwin SA said:
"This contract further establishes our relationship with Gaz de France, for whom we are currently executing a US$300 million EPC contract for the construction of five gas compressor stations. Electricity demand in France is expected to grow by a 1000MW per year until 2010 and we believe we are building a sustainable position to benefit from this."
Notes to Editors:
About Centrax Gas Turbines
Centrax Gas Turbines is a division of Centrax Limited. It manufactures and maintains generator sets in the range of 2.5 to 6.3 MWe using the Rolls-Royce 501 series of gas turbines, for applications in Combined Heat and Power / Cogeneration, base load power and stand-by power.
For more information please visit http://www.centrax.eu.com
About Reseau Transport Electrique (“RTE”)
A subsidiary of the EDF Group since 1st September 2005, RTE is responsible for operating, maintaining and developing the French electricity transmission network.
In 2005, RTE posted a turnover of €4,143M and it employs some 8,300 staff.
For more information please visit http://www.rte-france.com
About Gaz de France
Gaz de France is a major European energy utility. The Gaz de France Group produces, purchases, transports, distributes and sells natural gas, electricity and related services for its residential, corporate and local government customers. In 2006, it reported a turnover of €27.6 billion and it employs approximately 50,244 employees.
For more information please visit http://www.gazdefrance.com/EN
Enquiries:
Daniel Pollak, Communication Manager: daniel.pollak@litwin.fr
|
|
|
|
|
|
|
|
|