Wednesday, October 12, 2011

AECOM awarded two energy projects from the Ethiopian Electric Power Corporation totaling US$14.1 million

(October 12, 2011, LOS ANGELES--(BUSINESSWIRE)--AECOM Technology Corporation (NYSE: ACM), a leading provider of professional technical and management support services for government and commercial clients around the world, announced today that it has been awarded two contracts worth a total value of US$14.1 million from the Ethiopian Electric Power Corporation (EEPCO).

Under the first contract, AECOM will review and update tender documents, conduct a design review of contractors’ deliverables and supervise the construction works of the rehabilitation, upgrading and rebuilding of several existing electrical substations, including the supply and installation of power accessories.

The project, financed by the World Bank, covers the Addis Ababa region and the northern, northeastern, northwestern, eastern and southern parts of the country.

For the second contract, AECOM will be responsible for design review, supervision of construction works and project management on system improvements involving the construction of 589 miles of 230-kilovolt overhead transmission lines; construction of several substation extensions, including new 230-kilovolt substations; and rehabilitation and upgrading of existing substations.

The project, financed by the African Development Fund, has a main goal to provide sustainable power for northern, eastern and southern regions of the country and to facilitate energy exports.

“We look forward to applying AECOM’s global expertise to these two important projects that will advance quality of life,” said AECOM Chairman and Chief Executive Officer John M. Dionisio.

EEPCO is the state-owned power utility responsible for the power generation, transmission, distribution and sales of electricity to consumers in Ethiopia. Read more from Business wire »

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