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Landsvirkjun awards four contracts for Budarhals, Laxa

REYKJAVIK, Iceland, 12/22/11 (PennWell) -- Icelandic utility Landsvirkjun has awarded four contracts for work on the 80-MW Budarhals and 9-MW Laxa 2 hydroelectric projects.

Landsvirkjun most recently sought bids for the Budarhals project in July 2010, and opportunities to bid for Laxa 2 were announced in March 2011.

Three contracts were awarded for the Budarhals hydropower project.

Istak will construct civil works, including two rockfill dams, a surface structure powerhouse and a headrace tunnel. The contract is worth US$80.6 million.

Voith Hydro Gmbh & Co. will supply electromechanical material, as per a bid notice from May 2008. The monetary value of the award was not specified by the notice.

Montavar Metalna Nova d.o.o. will provide gates and penstocks. The notice did not include financial terms.

At Laxa 2, APS Norway AS will replace a penstock.


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