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PRESS RELEASE 3 Mar 2010

Pöyry awarded site supervision contract for two hydropower plants in Albania

PÖYRY PLC          Press release 3 March 2010 at 10.40 a.m.

 

Pöyry has been awarded the site supervision contract for the Ashta run-of-river power plants in Albania by Energji Ashta Shpk, a subsidiary of Verbund International. The value of the contract is about EUR 3.4 million.

 

The Ashta hydropower plants are located on the river Drin in the district of Shkodër in north-western Albania. The power plants consist of two stages, Ashta I and Ashta II, which are the final power plant steps in a cascade of three existing power plants. The overall design capacity of the plants is over 50 MW and the forecasted annual energy generation is 230 GWh.

 

Pöyry already performed the conceptual, approval and tender design and has been performing the detail design services since November 2009. The site supervision services will start in March 2010 and shall be completed in December 2012. The services cover the supervision of construction works and the assembling of electro-mechanical equipment on site. This project continues the long history of Pöyry in site supervision services of hydropower plants.

 

PÖYRY PLC

 

Additional information by:

Vilho Salovaara, President, Business Area Hydropower, Energy Business Group

Tel. +41 76 356 2033

Thomas Kriesch, Managing Director, Pöyry Energy GmbH, Austria

Tel. +43 1 53605 22585

 

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