Areva signs $440m Libya contracts

13 December 2007
Areva of France has signed three transmission and distribution contracts in Libya worth Eur300m ($440m).

The first contract covers the delivery of 10 200kV high-voltage substations, which will be located in the Tripoli, Misurata and Benghazi areas.

Under the second contract, Areva will deliver two 400kV high-voltage substations which will serve the Sebha and Tobruk regions.

The third contract covers the supply of 69 transformers to reinforce the Libyan electricity network.

The client is the General Electricity Company of Libya (Gecol).

The new contracts follow the signing of a joint-venture agreement between Areva’s transmission and distribution division and Gecol.

Over half of the country’s current transmission and distribution infrastructure was designed and built by Areva.

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