ge-hydro has been awarded a contract valued at US$50M, from CVG ElectrificatiĂ³n del CaronĂ­ (EDELCA) for the refurbishment of five of the ten 700MW turbines at Guri power station on the CaronĂ­ river in Venezuela.

Final contract negotiations, including an option to refurbish the second five machines, are ongoing and signing will take place in late October with a financing agreement completed before the middle of December.

The original turbines at the Guri plant were supplied by Hitachi of Japan, who will have a role in the site work during refurbishment.