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PRESS RELEASE 28 May 2010

Pöyry awarded EUR 1.7 million HVAC design contract for pumped storage hydropower plant in Switzerland

PÖYRY PLC          Press release 28 May 2010 at 1.00 p.m.

 

Pöyry has been awarded the HVAC design contract for the new Linth-Limmern pumped storage hydropower plant by Axpo, Switzerland. The services provided by Pöyry comprise the tender process, the detail design and construction supervision for the building equipment and safety facilities. The value of Pöyry's assignment is about EUR 1.7 million. In this project, Pöyry will utilise its expertise both in its infrastructure and energy sectors.

 

The two caverns containing the turbines and the transformers will be built at 1 700 m above sea level. The power plant, with an installed capacity of 1 000 MW, will be supplied with water from Lake Muttsee through two pressure tunnels.

 

The tender services, starting with a review of the existing design project, will be completed in 2012 with the award of the building equipment contractors' contracts. The detail design phase will last from spring 2011 to spring 2012. Between 2012 and 2015, Pöyry's construction supervision will make sure that all systems can be put into operation in December 2015.

 

PÖYRY PLC

 

Additional information by:

David Hossli, President, Business area Switzerland and Asia, Urban & Mobility business group, Switzerland

Tel. +41 76 356 2077

Andy Goodwin, President, Urban & Mobility business group, Switzerland

Tel. +41 44 355 5555

 

Pöyry is a global consulting and engineering company dedicated to balanced sustainability. We offer our clients integrated management consulting, total solutions for complex projects and efficient, best-in-class design and supervision. Our in-depth expertise extends to the fields of energy, industry, urban & mobility and water & environment. Pöyry has 7000 experts operating in about 50 countries, locally and globally. Pöyry's net sales in 2009 were EUR 674 million and the company's shares are quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V).

 

DISTRIBUTION:

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www.poyry.com