Veidekke to build Øygard hydropower plant
Å Energi Vannkraft awarded Veidekke the contract for the Øygard hydropower plant in Åseral; Veidekke announced the award on 11 March 2026.
- Publish date: 2026-03-11
- Category: EPC Contractors
- Original source: Veidekke
- Reading time: 1 min
Reported scope and milestone
Veidekke: Å Energi Vannkraft awarded Veidekke the contract for the Øygard hydropower plant in Åseral; Veidekke announced the award on 11 March 2026.
Engineering interpretation
The execution contract is worth nearly NOK 580 million excluding VAT and includes a power station at Nåvatn, a 6.6 km transfer tunnel, auxiliary tunnels and associated waterway structures. Planned generation is about 80 GWh per year; completion is scheduled for summer 2029.
Delivery responsibilities
The reported construction package defines the contractor’s delivery responsibilities. Civil works, building services, installation and commissioning may sit with different contractors or joint-venture partners. The full project budget is distinct from an individual contractor’s award. Contract award, site mobilization, practical completion and operation are separate milestones; planned dates and capacity remain prospective until the owner confirms delivery. The source-defined scope therefore matters when comparing a civil contractor, a construction manager and an integrated design-and-build provider.