"As representatives of Brazilian engineering, we're proud of having won this contract in an exemplary bidding process that used highly strict technical and reputation criteria", says Dalton Avancini, president of Construtora Camargo Corrêa.
The works will start September of this year, and power generation is scheduled to start in 2018. The civil construction contract won by the consortium led by Camargo Corrêa (which also includes the Colombian companies Conconcreto and Coninsa), is worth US$ 1.071 billion.
The construction of the Ituango hydroelectric plant will be full of engineering, construction, and logistic challenges. The enterprise is in a mountainous region and is surrounded by forests. The project provides for the construction of an underground power house for eight Francis-like turbines of 300 MW each. It also requires the excavation of about 10 kilometers of tunnels. The rock-fill dams with clay core will be 225 meters high, with a volume of 20 million cubic meters. At the peak of civil works, the work site will employ some 5,000 professionals, hired mostly locally.
The Ituango project will be the second hydroelectric plant built by Camargo Corrêa in Colombia. Early in 2011, the Brazilian company delivered Porce III Hydroelectric Plant, with 600 MW of installed capacity. It had also previously executed the civil works for the Wastewater Treatment Plant of San Fernando.
"In the Ituango Hydroelectric Plant construction we will use our experience in complex large-sized works. Camargo Corrêa is the company that most constructed hydroelectric plants in the world, and this will be yet another project built with distinctive quality, efficiency, and socioenvironmental responsibility", says Dalton Avancini, president of the Company.
About Construtora Camargo Corrêa
With operations in Latin America and Africa, Construtora Camargo Corrêa is a company with great talent for executing large-sized projects, of high logistics, construction, and engineering complexity. With 73 years of activities, the company's portfolio includes some of the most important works in Energy, Industrial Construction, Oil & Gas, Public Transport, and Sanitation. Formed by about 30 thousand professionals, Construtora Camargo Corrêa deploys, for projects it participates in, management processes and policies that resulted in major certifications for quality, safety, occupational health, environmental and social responsibility.