A joint venture of Gamuda and Ferrovial has signed an Early Contractor Involvement (ECI) agreement with Alinta Energy for the multi-billion-dollar Oven Mountain Pumped Hydro Storage project, in New South Wales.
The Oven Mountain Pumped Hydro Energy Storage project is an ‘off-river’ pumped hydro energy development located adjacent to the Macleay River between Armidale and Kempsey in New South Wales, within the New England Renewable Energy Zone.
When complete, the Oven Mountain Pumped Hydro Storage project will significantly contribute to this target, producing up to 900 megawatts of electricity and able to store enough water for up to eight hours of dispatchable, reliable energy at full generation.
The ECI will take approximately six months to progress the project design and constructability, using Gamuda’s extensive tunnelling and civil engineering expertise coupled with Ferrovial’s proven capability in delivering hydro and dam projects.
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The project is being wholly developed by Alinta Energy, one of Australia’s largest energy retailers, generators, investors and developers, and is expected to inject more than $40 million into the regional economy, employ up to 800 people during construction, and generate up to 95 direct and indirect jobs once operational.
Alinta Energy’s Executive Director of Merchant Energy, Ken Woolley, said the Gamuda Ferrovial JV was chosen as a partner due to each company’s world-leading expertise in large-scale, complex infrastructure construction projects.
“Gamuda and Ferrovial have proven expertise in tunnelling, hydro and geo-tech, which makes this JV the perfect partner to deliver the most advanced pumped hydro project in NSW. We are excited to work together to progress this project,” Woolley said.
The Gamuda and Ferrovial joint venture is currently delivering another piece of major infrastructure in NSW, the Coffs Harbour Bypass project.