The contract, valued at more than 60 million euros (US$88.7 million), is for supply of turbine-generators and hydro-mechanical and lifting equipment to the 26-MW Gualaca, 34.8-MW Lorena, and 57.4-MW Prudencia projects on the Chiriqui River in Chiriqui Province. (HNN 12/6/07) Each plant has two generating units.
Alstom Hydro, a joint venture of Alstom and Bouygues of France, said the equipment will be manufactured in its factory at Taubate, Brazil. Delivery of equipment is to occur between August 2009 and February 2011.
Alstom Hydro said the contract strengthens Alstom's position in a market where it has been operating for more than 30 years. It has been involved in Panama since the 1970s when the 42-MW La Estrella hydro project came on line. (HNN 9/21/07)