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BC Hydro names preferred bidder for major Canadian dam project

Published 2015-11-25, 02:44 p/m
© Reuters. BC Hydro names preferred bidder for major Canadian dam project

VANCOUVER, Nov 25 (Reuters) - Canadian utility BC Hydro said
on Wednesday it has chosen a consortium including Petrowest Corp
PRW.TO , Acciona Infrastructure Canada Inc and Samsung (KS:005930) C&T
Canada as the preferred bidder for the main civil works contract
on its Site C dam project.
The 8-year contract for building an earthfill dam, two
tunnels and a foundation for the generating station at the
proposed hydroelectric dam in British Columbia is expected to be
worth more than C$1.5 billion ($1.13 billion), BC Hydro said.
It is expected to be awarded by early 2016.
British Columbia said last December it will go ahead with
building Site C at a cost of C$8.8 billion. The project has been
controversial because of its cost, as well as because it will
flood farmland, wildlife habitat and local heritage sites.
ID:nL1N0U02JP
The Western Canadian province argues that it is needed to
provide clean and reliable electricity for a growing population.
Acciona Infrastructure Canada Inc is the Canadian unit of
Spanish company Acciona S.A ANA.MC , while Samsung C&T Canada
is the local arm of South Korea's Samsung C&T Corp 028260.KS .
($1 = 1.3294 Canadian dollars)

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