Electricity Project
November 20 2006 - 2:03AM
RNS Non-Regulatory
Morgan Sindall PLC
20 November 2006
Morgan Sindall Plc
Morgan Est consortium preferred bidder in #600 million National Grid electricity
substations project
Morgan Est, the infrastructure services division of Morgan Sindall Plc together
with consortium partners ABB and Atkins have been appointed preferred bidder for
a five-year contract, worth up to #600 million, to develop and construct
electricity substations across central Britain for National Grid. The contract
could be worth as much as #175 million to Morgan Est over the period of the
contract which starts next year and initially runs until 2011 with the potential
to extend for a further 5 years.
Morgan Est and its consortium partners together form one of four Electricity
Substation Alliances appointed by National Grid to develop new electricity
substations across England and Wales. The Alliance contracts amount to circa
#2.8 billion and will be a significant part of the overall potential capital
investment to upgrade and develop the electricity transmission network across
England and Wales.
Paul Smith, Chief Executive of Morgan Sindall Plc, commented:
"We are delighted that National Grid has chosen Morgan Est and our consortium
partners as preferred bidder on this important and complex programme of works."
20 November 2006
Enquiries:
Morgan Sindall plc Tel: 020 7307 9200
Paul Smith, Chief Executive
David Mulligan, Finance Director
College Hill Tel: 020 7457 2020
Matthew Smallwood
Kate Pope
This information is provided by RNS
The company news service from the London Stock Exchange
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