Developer Energeia o.p.s. has awarded a contract worth more than US$50 million to Czech Republic-based firm Metrostav a.s. for construction of the 5.2-MW Steti small hydroelectric project.
The contract with Metrostav is valued at 859.8 million koruna (US$50.4 million).
The contract involves construction work, engineering design services, architectural, engineering and surveying services.
The Steti small hydro project, located on the Elbe River in the Czech Republic, is to include two tubular Kaplan turbines of 5.1 meters in diameter.
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