Search results for: 'ethiopia'

Africa’s construction dragons

Youssef Ouchagour, construction industry analyst at Timetric’s Construction Intelligence Center, looks at some of China’s leading contractors, and projects that they are undertaking in Africa.

Salini Impregilo wins €2.5bn contract for hydropower project in Ethiopia

Italian construction firm Salini Impregilo has secured a contract worth €2.5bn for the Koyash Dam hydropower project in Ethiopia.The contract, awarded by the Ethiopian Electric Power (EEP), will include the construction of a 170m-high rolled compacted dam creating a reservoir volume of 6,000M cubic metres.With an installed capacity of 2,200MW, the facility will generate 6,460GWh of power annually.Salini Impregilo said the new project along with GIBE III, which went into operation recently, and GERD, the Grand Renaissance Dam on the Blue Nile will enable Ethiopia to become Africa’s leader in terms of energy production.

L&T’s construction unit secures contracts worth $248.3m

Larsen & Toubro’s (L&T) construction division has secured contracts with a combined value of INR16.72bn ($248.3m) across various businesses.The company’s building and factories business has won contracts worth INR9.67bn ($143.6m). These include an EPC contract for a multi-storied residential project in Lucknow, Uttar Pradesh, India. The scope of the contract, awarded by UP Avas Vikas Parisad, will include civil, structural, mechanical, electrical, plumbing and finishes. The business has also secured a turnkey contract from a Mumbai developer to build a multi-storied residential building and retail space. The scope of the work will include civil, structural, mechanical, electrical, plumbing as well as finishes.L&T’s power transmission and distribution business has won contracts valued at INR5.8bn ($86.1m) in the international markets. These include an EPC contract in Ethiopia for construction of a 400/230/15 kV substation, as well as three 230/15 kV substations at various locations. The project, awarded by Ethiopian Electric Power, has secured financing from the French Development Agency.The business has also received another EPC contract in South East Asia to build a high-voltage substation.In addition, L&T Construction’s Water & Effluent Treatment Business has secured order worth INR1.25bn ($18.6m).