ChevronTexaco wins Nigerian rights

• Book ID: 104410657
• Publisher: Elsevier Science
• Year: 2004
• Tongue: English
• Weight: 57 KB
• Volume: 2004
• Category: Article
• ISSN: 1365-6937
• DOI: 10.1016/s1365-6937(04)00297-7

✦ Synopsis

Power and automation technology group ABB has signed a contract worth US$16 million for a power transmission project which will strengthen Sudan's power grid.

The company won the order from the main contractor Harbin Power Engineering Co Ltd of China. The Ministry of Irrigation and Water Resources Merowe Dam Project Implementation Unit of Sudan initiated the project.

The Merowe hydroelectric power station, located about 400 km north of Khartoum, is connected to the national grid by 500kV, 220kV and 110kV overhead lines and associated sub-stations.

ABB is responsible for designing, supplying and commissioning the complete secondary electrical system, on a turnkey basis, for seven new sub-stations.

EIB LENDS 80 MN TO ESTI ENERGIA The European Investment Bank (EIB) is providing a 80 million loan to finance the renovation and extension of electricity transmission and distribution facilities in Estonia, which will be undertaken by Eesti Energia AS over the next three years.

The investment will, among others, help to reduce operational and maintenance costs, accommodate the expected growth in electricity demand within the residential sector and, in an international context, support the company's strategic objective of increasing its presence in the electricity markets in neighbouring countries.

Sandor Liive, member of the board and chief financial officer of Eesti Energia, says that the loan will help it to secure the sustainability of investments in national grid and distribution network.