COMPANY NEWS Atlas Copco wins Colombia mega-project order Nov 2012
Atlas Copco News Release
- Atlas Copco has secured a US$10 million order to supply equipment for Colombia's largest-ever hydro project at Ituango, near Medellin.
Construction at Ituango hydro project
- The Swedish company, which manufactures a range of heavy equipment for tunnelling and excavation, will deliver a total of 28 machines for the underground works.
- The customer is the Ituango consortium consisting of Camargo Correa from Brazil and Conconcreto and Coninsa from Colombia. The order was booked in the fourth quarter and the equipment is to be delivered over the coming year.
- "Colombia is an increasingly important market for Atlas Copco and we are pleased to be able to meet local demand for products and services related to infrastructure and civil engineering projects," said Bob Fassl, Business Area President, Atlas Copco Mining and Rock Excavation Technique.
- The underground element of Colombia's US$5.5 billion 2,400MW Ituango project comprises two parallel 1km-long 14m-diameter tunnels to divert water from the Cauca River, as well as a 1km long powerhouse access tunnel with a 140m-long gallery.
- The US$77.3 million contract for these works is awarded to a joint venture of Ferrovial Agroman (Chile) and Sainc (Colombia), and is scheduled for completion in the first half of 2013.
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