Cimic Group wins US$930m electricity transmission contract in Australia

Image supplied by Hochtief

Hochtief company Cimic Group has won an A$1.4 billion (US$930 million) contract to deliver the western section of the HumeLink high-voltage electricity transmission scheme in Australia.

The project for New South Wales utilities company Transgrid is based on an incentivised target cost contract and will be carried out by Cimic subsidiaries UGL and CPB Contractors.

HumeLink involves 385km of proposed new transmission lines and a range of other new and upgraded infrastructure.

The project will connect two regions in New South Wales and significantly increase the capacity of the electricity network in Australia’s eastern states.

The HumeLink contracts are structured in two stages, with early works to begin immediately and finish in mid-2024, including detailed design, investigations, procurement and project mobilisation.

The second stage comprises main construction works and will begin after all project approvals have been granted and the final investment decision made, expected to occur in mid-2024.

Hochtief CEO Juan Santamaría said, “We are pleased to be delivering the western part of HumeLink. The project will increase the amount of renewable energy that can be delivered across the national electricity grid, delivering reliable and sustainable power. It will also support economic growth and local jobs and skills.”