Under a joint venture, Aker Construction Canada and HDR Corporation will execute engineering, procurement and construction (EPC) work on the project in cooperation with TransCanada. The contract value to Aker Solutions is approximately CAD400m.
TransCanada will build, own and operate the 900MW Oakville Generating Station, having secured a 20-year Clean Energy supply contract with the Ontario Power Authority (OPA). TransCanada expects to invest approximately CAD1.2 billion in the natural gas-fired combined cycle power station. The project is scheduled to start producing power by the end of 2013.
Simen Lieungh, president & CEO of Aker Solutions, said: “We are very pleased with the confidence that TransCanada placed in us with the award of this important project. The current progress being made by our Aker Construction Canada on the nearby Halton Hills Generating Station for TransCanada demonstrates our strong execution capability.”
Aker Construction Canada will perform construction, construction management and certain procurement for the project. HDR Corporation will complete project design, procure engineered equipment and provide technical assistance for construction and startup.
The generating station is part of the OPA initiative to help meet the energy and stability needs of the southwest greater Toronto area.
