Home | Business News | Browse by Publication | W | WWP-Report on Engineering Construct & Plant Operations in the Developing World

ANGOLA: Construction plans for proposed $45,000,000 hydroelectric plant, ALROSA CO. LTD. [Russia] - Order #: 070104.

Publication: WWP-Report on Engineering Construct & Plant Operations in the Developing World
Publication Date: 01-JUL-04 		Format: Online - approximately 1159 words
Delivery: Immediate Online Access

Article Excerpt
PROJECT OVERVIEW:

Russia-based ALROSA CO. LTD., a state-owned enterprise that employs a total staff of about 40,300 is considered to be Russia's largest diamond producer. The company is engaged in the exploration, mining, manufacture and sale of diamonds. It owns mines in Russia and also has a 33% interest in an Angolan mine. In so doing, the company reportedly produces some 25% of the world's diamonds.

As a result, ALROSA recently decided to build a new hydroelectric plant that will enable building the second section of the Catoca mining enterprise in Angola. Consequently, uncut diamond output is expected to be increased to $350,000,000 per year. In so doing, the Russian company will invest $23,000,000 in 2004 to build a power station with an installed generating capacity of 16 Mw. Operational start-up of the plant is scheduled for some time in late 2005. The total cost to complete the project has been pegged at $45,000,0000.

The generated electricity is intended to also enable supplying power to the Kamachia and...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from WWP-Report on Engineering Construct & Plant Operations in the Developing World
CHINA: Construction contract award for planned 300,000 ton per year hi..., July 01, 2004
CONGO: Construction plans for proposed $4,000,000,000 hydroelectric po..., July 01, 2004
CHINA: Construction start-up on planned $268,000,000 purified terephth..., July 01, 2004
INDIA: Construction plans for proposed 3,300 Mw power plant expansion ..., July 01, 2004
INDIA: The on going construction of a $1,000,000,000 alumina refinery ..., July 01, 2004

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.