Dam win

18 March 2008

A consortium lead by ICA has won the contract to build the 750 MW La Yesca hydroelectric project on the Santiago River in Mexico. The consortium, in which ICA has a 67% interest, won the Fixed-price contract with a bid of US$ 768 million. Completion is due in June 2012.

The scheme includes the construction of the 206 m high, 628 m long dam, which will be a rock-fill structure with a volume of about 11.9 m3. In addition to this the ICA consortium is responsible for the construction of the spillway, powerhouse and associated structures such as the steel lined penstocks. Access roads, and temporary structures such as diversion tunnels and cofferdams are also included in the Fixed-price contract.

ICA chairman Bernardo Quintanta said, “The La Yesca Hydroelectric Project is a key project for Mexico's development, creating more than 5000 direct construction jobs, and increasing the reliable supply of energy that the country needs to continue growing.

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