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HOCHTIEF to Build Large Tunnel Project in Tirol for EUR 132 Million -
HOCHTIEF to Build Large Tunnel Project in Tirol for EUR 132 Million

 

PRZOOM - /newswire/ - Essen, Germany, 2014/07/21 - "Triebwasserweg Maria Stein" tunnel is most significant single contract for hydroelectric power station "Gemeinschaftskraftwerk Inn" - HOCHTIEF.com.

   
 
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From Gemeinschaftskraftwerk Inn GmbH - consisting of Tiroler Wasserkraft AG, Engadiner Kraftwerke AG and Verbund AG - HOCHTIEF Solutions was awarded the contract for constructing the "Triebwasserweg Maria Stein" tunnel. The project is a key element of the "Gemeinschaftkraftwerk Inn" power station. The contract value is EUR 132 million. The construction lot comprises driving of a more than 22-kilometer-long pressure tunnel and is the biggest and most significant one of the three construction lots of the hydroelectric power station on the River Inn. The tunnel will be completed in mid-2018.

Wilfried Rammler, General Manager of HOCHTIEF Infrastructure: "We are happy to have won another large-scale contract in the Austrian market. This underscores our competence in the construction of sustainable energy infrastructure in Europe."

The pressure tunnel with a total length of 22.6 kilometers and a diameter of 6.5 meters will run underground from the reservoir in Ovella to the powerhouse in Prutz. HOCHTIEF will drive the pressure tunnel with two hard rock double-shield tunnel boring machines. The excavation material will be stored near the construction site in order to reduce site traffic to a necessary minimum. The tunnel will be lined with prefabricated concrete lining segments. These reinforced concrete elements will be produced locally in a field factory. In future, the water will be channeled through the tunnel to the powerhouse in Prutz where, once the structure is completed, environmentally friendly electrical power will be generated for more than 100,000 households.

About HOCHTIEF

HOCHTIEF (hochtief.com) is one of the world's leading construction groups. We have excelled for 140 years in our core competency of construction. Our focus is on complex infrastructure projects, many of which we deliver on the basis of concession models. We additionally develop and operate real estate and facilities.

With almost 80,000 employees and a sales volume of EUR 25.53 billion in FY 2012, the company is represented in all the world's major markets. The 2012 ranking from Engineering News-Record magazine reaffirmed our Group's status as the world's most international provider, with over 90% of sales outside of Germany.

 
 
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Agency / Source: HOCHTIEF AG

 
 

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HOCHTIEF to Build Large Tunnel Project in Tirol for EUR 132 Million

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HOCHTIEF AG | Gemeinschaftskraftwerk
Contact: Stefan Hannen - HOCHTIEF.com 
+49 201 824-2642 stefan.hannen[.]hochtief.de
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any HOCHTIEF AG securities in any jurisdiction including any other companies listed or named in this release.

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