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Aggreko wins $45m Luanda contract

Dubai, October 3, 2007

Aggreko, the world leader in the provision of temporary power and temperature control solutions, has won a significant contract from Empresa Nacional de Electricidade (ENE).

As per the contract, Aggreko will supply Luanda with 90MW of temporary power to help sustain the rapid economic growth of the Angolan economy.

The 90MW will be in addition to the 60 MW already installed in Luanda and in Cabinda; as part of the new contract, the arrangements for the existing Luanda site are to be extended for a further year. The contract will provide enough power for up to four million people, said an official spokesman.
 
Equipment for the contract will be installed in phases, with the initial 30MW due to be commissioned in December 2007 and the balance to be delivered in 2008. The overall value of the contract will be $45 million in 2008.

Aggreko's International Power division now supplies electricity to 19 African nations as governments and utilities in the region increasingly turn to the company to support their strong economic growth as they develop more permanent sources of power.
 
'Due to the reviving economy in Angola and the exceptional demand for power in Luanda, we have taken measures to install additional temporary power in Luanda. We have chosen Aggreko to supply an additional 90MW of temporary power because of their faultless performance in executing their existing 30MW power station in Cezenga, Luanda. The existing project in Cezenga will be increased to 60MW and the balance of 60MW will be installed on two new sites' said chairman of the Board of ENE Eduardo Gomes Nelumba.
 
'We are delighted to have been chosen once again by ENE to help them support the development of the Angolan economy.  We have worked closely with them over the past two years to improve the power supply in Luanda, and this has clearly been a success,' said CEO Aggreko Rupert Soames.

As part of Aggreko's commitment to support local communities, the company will continue to train local mechanical and electrical engineers to maintain and operate the equipment.

The company's on-site service and maintenance crews will be available 24 hours a day, 365 days a year to ensure the equipment always operates at peak performance and delivers uninterrupted power.- TradeArabia News Service




Tags: Aggreko | Empresa Nacional de Electricidade | angola |

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