CVTech wins power contracts worth $38.3M

CVTech Group’s energy subsidiaries have won contracts in the US and Canada totalling more than $38 million.

January 9, 2012   by PLANT STAFF

DRUMMONDVILLE, Que.: CVTech Group Inc.’s energy subsidiaries have won contracts in the US and Canada totalling more than $38 million.

CVTech, a management company based in Drummondville, Que. that operates in the power sector, reports its subsidiary Riggs Distler & Co. Inc. accounts for $21.5 million of the contracts.

One is a US$9.5-million contract for the installation of two rapid-start, coal-fired boilers at Veolia Energy North America’s Grays Ferry power plant in Philadelphia, which will employ 80 workers on site. Completion is set for July

The second deal, an $8-million engineering procurement and construction contract from a US-based electricity provider for the installation of a 5-megawatt photovoltaic solar ground mounted system in southern New Jersey, will take three months and employ 80 workers.

The third deal, a $4-million contract to install power poles for the Public Service Electric and Gas Co. in New Jersey. The company said this six-month project will require 25 employees.

Two other deals from Hydro-Quebec went to CVTech’s Thirau ltée and J.J.L. Déboisement inc. subsidiaries.

One worth $6.8 million going to Thirau involves the construction of a 37-kilometre 120-kV transmission line connecting a wind farm at Saint-Robert-Bellarmin, in the Mégantic region, to the Bolduc substation at Saint-Martin, in the Beauce region. This project will employ 85 workers and wrap up in four months.

The second deal worth $10 million will see J.J.L. Déboisement handle vegetation control on distribution line right-of-ways in east and west Montreal, and the l’Assomption region. The two-year project will employ 30 people.

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