Company wins two contracts worth R1,32-billion

February 6th, 2014, Published in Articles: Energize

Alstom has signed two contracts totaling around R1,32-billion with PSP Investments for the supply of two 150 MW pump-turbines with the associated balance of plant equipment and the company’s distributed control system (DCS) for the 300 MW Gilboa pumped storage power plant in Israel. The company also signed an eighteen-year operation and maintenance agreement, covering day-to-day operation and maintenance of the power plant. The power plant, located 60 km east of Haifa, will be commissioned in 2018, and will increase the country’s installed power generation capacity by 2,5%. It will contribute to increasing the reliability of electricity supply and will provide an important tool to control the demand and distribution of electricity. During off-peak hours, pumped storage uses the energy from other power stations to transfer water to a high storage reservoir. The stored water will later be reused to generate electricity to cover temporary peaks. This helps lower the overall operation cost of power production and levels the fluctuating output of intermittent power sources.

Contact Kobie Hyman, Alstom South Africa, Tel 011 518-8100, kobie.hyman@power.alstom.com

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