AF Gruppen has signed a contract with EB
Kraftproduksjon AS to carry out building and
construction works on Embretsfoss 4 water power plant in Drammen river system in Modum municipality in Buskerud.
The contract is based on the agreement mentioned in the company disclosure dated December 18th 2009.
The value of the contract is NOK 230 million excluding VAT. The contract includes blasting, mass haulage and concrete works for a new dam and power plant. Start-up on the project will be in January/February 2010, with handover in the spring of
2013.
- Building water power plants is among our core businesses, and our ambition is to be a party in developing renewable energy. Embretsfoss 4 is a demanding project which we look forward to build in close cooperation with EB Kraftproduksjon, says Pål
Egil Rønn, CEO of AF Gruppen.
Photo: Left: Director AF Anlegg, Morten Midtskog. Right: Director Erik Andersen in EB Kraftproduksjon.
Published: 1/29/2010
