The architects shortlisted to design the Olympic Park project in London in time forhte 2012 Games, have been revealed.

The £15m Olympic Park project involves building a sculpture and a 120m electricity tower.

UK-based artist Paul Fryer, and sculptors Antony Gormley and Anish Kapoor are among the shortlisted names.

The Paul Fryer design features a 120m pylon called Transmission.

The project has been funded by Lakshmi Mittal, a UK businessman.

The project, conceived by London Mayor Boris Johnson, is aimed at showcasing world-class art in the Olympic park.

The project is expected to be complete before the London 2012 Olympic and Paralympic Games begin.