Two consortia are to upgrade parts of the UK’s transmission network in a deal worth more than £1 billion ($1.95 billion).
The five year contracts are split into East and West areas of England and Wales with East going to the Balfour Beatty Group and West to a consortium of AMEC, Babcock and Mott MacDonald.
The deals are the first in National Grid’s planned investment programme with the Electricity Alliance announced last October. The Alliance consists of six consortia partners and National Grid will be spending up to £2.5 billion ($4.9 billion) on Alliance contracts through to 2012.
The contracts will support planned work on overhead electricity lines required to connect new generation and further contracts for substation construction and development are expected to be signed in the coming weeks.
.National Grid’s Director of UK Construction, Rowan Sharples said; “The aim of these contracts is to establish long term relationships with shared risk and reward.”
Related ArticlesUK regulators propose billions in transmission network investment