Sultartangi - Skanska’s fourth hydropower plant on Iceland
Skanska has landed a power-plant project on Iceland, this time located on the Pjórsá River, 150 kilometers east of Reykjavik. The project is being carried out in a joint venture with Icelandic Istak and Phil & Sön of Denmark. The contract value amounts to USD 54 M, of which Skanska accounts for half.
SULTARTANGI - SKANSKA’S FOURTH HYDROPOWER PLANT ON ICELAND
Skanska has landed a power-plant project on Iceland, this time located on the Pjórsá River, 150 kilometers east of Reykjavik. The project is being carried out in a joint venture with Icelandic Istak and Phil & Sön of Denmark. The contract value amounts to USD 54 M, of which Skanska accounts for half.
The order was placed by Landsvirkjun, the national power utility on Iceland.
The new hydropower plant will have an installed output of 2x60 = 120 MW. The project comprises a 3.5 kilometer headrace with an area of 150 m2, and above-ground power station and raising the height of the existing dam.
"It is very satisfying that we again succeeded in winning a hydropower project on Iceland, the fourth," says Per Hofvander, President of Skanska International Civil Engineering AB.
Construction time is estimated at two and a half years, with completion in January 2000.
Skanska has been working on Iceland since 1966. Currently, construction is under way of a 5.8 kilometer highway tunnel under Hvalfjördur, a cove on the Atlantic coast, thirty kilometers north of Reykjavik.
Danderyd, June 16, 1997
SKANSKA AB
Group Public Affairs
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