Friday, August 6, 2010

Impsa lands US$150mn Embalse contract - Argentina

Argentine firm Impsa has landed a US$150mn contract to upgrade four steam generators at the Embalse nuclear facility in Cordoba province, a company spokesman told BNamericas.
Impsa will develop the new generators at its Argentine facilities. The new generators will increase steam supply to turbines at the 648MW plant.
Work on the units is due to start this year, with Impsa expecting to complete installment by 2013, the spokesperson said. The firm is hoping to develop further projects for state nuclear company NA-SA in the near future.
The Andean Development Corporation (CAF) approved a US$240mn loan for the redevelopment of the Embalse facility earlier this year.
At the time, CAF estimated that investment in the project to extend the plants
useful life by 25-30 years could hit US$1.02bn.
Embalse and Atucha I, Argentina's second nuclear power plant, account for about 7% of power supply in the country.

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