GIBRALTAR (Agencies) The Government confirmed late last week that it has awarded the £123 million contract to generate and distribute the Rock’s electricity. The announcement follows the conclusion of a lengthy EU process including site selection studies, EU tender procedures, the carrying out of an Environmental Impact Assessment Study and the resolution of a legal challenge by nearby residents of the selected site at Lathbury Barracks (photo: approx. area marked). The Government has now awarded the contract for the construction of the New Power Station and related new electricity distribution infrastructure to a joint venture between ETDE SA and Volker Stevin Construction Europe B.V. in the sum of £122.8 million. This is the largest single contract ever awarded by the Gibraltar Government and is due to be completed by July 2013.
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