The JV’s scope of work on the project is valued at about
A$1.8-billion, spanning over the next five years.
Clough, which is a wholly-owned subsidiary of JSE-listed Murray & Roberts, has a 35% shareholding in
The tender formed part of the group’s strategy to extend its oil and gas platform’s service offering to complementary
markets, while the lack of opportunities in the Australasian liquefied natural gas sector continues.
Salini, and its US affiliate Lane, are experienced in executing hydropower developments, and,
combined with Clough, create a JV capability that will deliver the Snowy
2.0 project for the benefit of the
The power station will comprise six reversible Francis pump-turbine and motor-generator units. http://www.engineeringnews.co.za/article/clough-jv-awarded-civil-works-contract-for-australian-hydropower-project-2019-04-05