Energoprojekt Entel lands USD 15.3 million deals

Energoprojekt Entel signed some new significant consultancy agreements in Qatar, the UAE and Oman in January and February 2015. The total value of all the agreements signed is USD 15.3 million (exclusive of VAT).

An agremeent to prepare project documentation for the construction of storage tank for crude oil was signed in Qatar with the investor Qatar Petroleum.

In the UAE, that is, Abu Dhabi, the company signed an agreement with the investor Transmission and Despatch Company (TRANSCO) to provide consultancy services for the construction of three substations with a voltage of 132/33 and 132/11 kv and accompanying cable and long-distance power lines.

Energoprojekt Entel also signed an agreement with investors Meydan Sobha and MERAAS Development in Dubai to provide consultancy services for the construction of three 132/11 kV substations.

In Oman, the company signed an agreement with the investor Public Authority for Electricity & Water (PAEW) to provide consultancy services for the development and construction of water supply systems in the regions of Daklia and Buraimi. An agreement was also signed with the investor Oman Electricity and Transmission Company (OETC) on consultancy services for the construction of two 400/220 kv substations and accompanying long-distance power lines and cable systems. All projects are to be implemented in 36 months.

Also, Energoprojekt Ghana Ltd., a foreign subsidiary of Energoprojekt Visokogradnja a.d., and the investor Ecobank Ghana Ltd signed an agreement in March to carry out construction and vocational and installation works on the facility of Ecobank in Akra, Ghana. The agreed value of works is USD 50 milion (inclusive of VAT). This project is to be finished in 21 months.