Government utility Instituto Costarricense de Electricidad (ICE) has awarded a contract to VA Tech Hydro to supply electro-mechanical equipment, steel liners, and penstocks for the 140-MW Pirris hydroelectric project, to be built on Pirris River in Costa Rica.
The 65 million euro (US$96.3 million) contract calls for the Andritz subsidiary to design, deliver, and supervise installation and commissioning of two Pelton turbines, valves, and generators totaling about 140 MW.
VA Tech Hydro also is to design, manufacture, and install steel tunnel linings and penstocks totaling 3,300 tons of steel plates.
The supplier said Pirris is to contribute to Costa Rica’s grid stability and to help meet future electricity demand.
The Central American Bank for Economic Integration (CABEI) approved a US$70 million loan in 2002 to help finance construction of Pirris. The CABEI loan is to provide 24 percent of a total investment of US$291.8 million and supplements a US$136 million loan the previous year from the Japan Bank for International Cooperation.