Cavico secures Song Giang 1 hydropower plant tunnel construction contract

Vietnam's Cavico Corp. announced that its subsidiary, Cavico Hydropower Construction, has signed a tunnel construction contract with Song Giang Hydropower Joint Stock Company for the Song Giang 1 hydropower plant in Vietnam's Khanh Hoa Province.

The cost-adjustable contract is valued at approximately $7.75 million, Cavico reported.

The twin-unit hydro plant, which is located 31 miles from Nha Trang, will have a 24-MW annual capacity once it becomes operational. Song Giang Hydropower Joint Stock Company expects to invest a total of $23.2 million in the plant.

Under the terms of the contract, Cavico will excavate and construct a total of 11,500 feet of 10.5-foot-wide tunnels and a 131-foot-high surge tank that will measure 30.2 feet in diameter. Revenue will be recognized in stages as Cavico completes each phase of the project.

Recently, Cavico Corp. announced that its subsidiary, Cavico Hydropower, has broken through the main tunnel at the Dong Nai 4 hydropower project.

The tunnel, which Cavico excavated and constructed, is 2.9 miles long and 30.2 feet in diameter, reports indicate.

For more hydropower news and information, click here

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs