Prysmian wins Sydney contract
Prysmian Group has been awarded an Australian contract worth approximately €30 million (AU$44 million) for 132 kV underground high voltage cables for the North Shore cable upgrade project by Ausgrid, a state-owned utility of New South Wales managing distribution and transmission assets.
The award comes on the back of a separate smaller related contract awarded in September. The company says these projects form part of Ausgrid’s network plans to replace cables and equipment installed about 40 years ago. The areas are the Willoughby-Lindfield-Castle Cove area on Sydney’s North Shore and the Engadine area, just south of Sydney, with the contracts comprising the design, manufacture, supply, civil works, installation, and testing of 132kV XLPE underground cables for both projects.
Production will involve multiple Prysmian locations: China will supply approximately 105 km in total of 132kV cable, China and the Netherlands will supply joints and outdoor terminations and Prysmian Australia’s Liverpool and Dee Why plants will supply bonding and fibre-optic communications cables, respectively. The Engadine project is currently in installation phase with completion scheduled for June 2014, after which works on the North Shore cable upgrade project will begin.
'We are proud to work with Ausgrid on this important project,' said Frederick Persson, CEO of Prysmian Group in Australia & New Zealand. 'This new contract has a strategic importance for Prysmian. It underlines our long-standing leading position as a major supplier of an extensive range of products to power utilities, telecommunication carriers, electrical wholesalers and contractors, OEMs, the mining industry and petrochemical facilities.'