Alstom wins contract for Iveland 2 hydropower plant expansion

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Alstom Hydro has been awarded a contract worth US$24.4 million by Agder Energi for upgrades to the Iveland 2 hydropower plant.

The contract includes the project engineering, supply and installation of main inlet valves, a vertical Francis turbine, alternator, control systems and other equipment.

Alstom (ENX: ALO) said the project will increase the project's output capacity by 50 MW, giving it a generating capacity of about about 150 GWh per year.

Equipment for the project will be manufactured in Alstom's facilities in Galindo, Spain, and Cornella, Spain. The company said its Spanish plants have participated in the construction of numerous hydropower projects in Norway, equating to installed capacity of nearly 300 MW.

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