November 6, 2008

Areva Secures Contract From ISUR to Deliver Converter Station

Areva has been awarded a contract of approximately $150 million by Interconexiones del Sur or ISUR for the delivery of a back-to-back high-voltage direct current converter station in Melo, north-east of Uruguay.

The station will be built to interconnect Brazil and Uruguay's power networks which have different frequencies 60Hz and 50Hz correspondingly. It's the second high-voltage direct current (HVDC) converter station built in Uruguay, the first one having been delivered by Areva.

Through this contract, a new high-voltage interconnection will be built between the countries to allow electric power exchange, hence enabling both countries to optimize the use of their energy resources. The project is due for completion at the end of 2010.

Philippe Guillemot, CEO of transmission and distribution division at Areva, said: "This is a strategic contract for us as it enables our company to reinforce our presence in the region. It succeeds a major achievement, the construction of Rivera's HVDC converter station by Areva in 2000."