STOCK EXCHANGE RELEASE 12 Feb 2010
Pöyry awarded EUR 6.1 million hydropower scheme contract in Sri Lanka
PÖYRY PLC Company Announcement 12 February 2010 at 9.30 a.m.
Pöyry has been awarded a EUR 6.1 million contract for feasibility studies, tender design, detail design and construction supervision of the Uma Oya hydropower project in Sri Lanka. The EPC contractor for the whole project is FARAB International of Dubai (UAE).
The project comprises two dams and over 15 km of water conveyance tunnels, a 700 m deep shaft and an underground powerhouse with two Pelton turbines of totally 150 MW installed capacity. Pöyry will start the study work immediately and the design phase will be completed by end 2011. The main construction activities are scheduled to start in early 2011. The power station will be commissioned in early 2016.
The construction of the hydropower plant and the dams is part of a wider Uma Oya Multipurpose Development Project by the Ministry of Irrigation of Sri Lanka. The project combines the hydropower schemes and irrigation in a sustainable way. In the project water will be diverted from the wet central highlands into the dryer southern part of Sri Lanka for irrigation and human consumption and will use the available head of over 700 m for energy generation.
Pöyry has long experience of the study and design of dams, hydropower schemes and irrigation works in Sri Lanka. During the past 30 years Pöyry has made a major contribution to development of hydropower in Sri Lanka by engineering four major hydropower schemes.
Additional information by:
Esa Ikäheimonen, CFO, Pöyry PLC
Tel. +358 10 33 21586
Knut Sierotzki, Director Hydropower Asia Russia, Energy Business Group, Pöyry, Thailand
Tel. +66 2 657 1000
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).
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