MONTREAL, Feb 26, 2015 /CNW Telbec/ - SNC-Lavalin
(TSX: SNC) is pleased to announce that it has won two district
cooling contracts in the Kingdom of Saudi
Arabia (KSA), with a combined value of approximately
$71 million. The contracts have been
awarded by the Saudi Dhahran Cooling Company and the Central
District Cooling Company.
Saudi Dhahran Cooling Company contract
SNC-Lavalin has been awarded an engineering, procurement and
construction (EPC) contract by the Saudi Dhahran Cooling Company, a
subsidiary of Saudi Tabreed, to expand the district cooling
facilities of their Aramco District Cooling Plant in Dhahran, KSA.
The contract is estimated at $30.6
million.
SNC-Lavalin will be responsible for the design, procurement,
construction and commissioning of an additional cooling capacity of
5,000 refrigeration tons (RT), with all associated equipment,
energy transfer stations and chilled water networks—to achieve a
total cooling capacity of 32,000 RT.
Central District Cooling Company contract
SNC-Lavalin has also been awarded an EPC contract by the Central
District Cooling Company, also a subsidiary of Saudi Tabreed, for
the expansion of its Jabal Omar Development Company (JODC) district
cooling scheme in Mecca, KSA. The
contract is estimated at $40.2
million.
Under this contract, SNC-Lavalin will be responsible for the
design, procurement, construction and commissioning of an
additional cooling capacity of 10,000 RT, with all associated
equipment, energy transfer stations and chilled water networks—to
achieve a total cooling capacity of 35,000 RT.
"It gives us great pleasure to serve Saudi Tabreed and its
subsidiaries on these strategic and critical infrastructure
projects," said Hisham Mahmoud,
President, Infrastructure, SNC-Lavalin Group Inc. "We are proud to
be one of the leading E&C companies operating in the
Kingdom of Saudi Arabia, with
approximately 6,000 employees in the Kingdom."
About district cooling
SNC-Lavalin has built a
reputation as a world leader in district cooling, which uses
chilled water to cool buildings. By reducing the demand for local
power utilities, it reduces capital and maintenance costs and saves
valuable space that can be used for more productive commercial
purposes. In addition to energy savings, district cooling systems
reduce carbon dioxide emissions by approximately 40 percent.
About SNC-Lavalin
Founded in 1911, SNC-Lavalin is one
of the leading engineering and construction groups in the world and
a major player in the ownership of infrastructure. From offices in
over 50 countries, SNC-Lavalin's employees provide EPC and EPCM
services to clients in a variety of industry sectors, including
mining and metallurgy, oil and gas, environment and water,
infrastructure and clean power. SNC-Lavalin can also combine these
services with its financing and operations and maintenance
capabilities to provide complete end-to-end project solutions.
www.snclavalin.com
SOURCE SNC-Lavalin