Alstom to build, operate Israel's first pumped storage hydropower plant
Published on by Water Network Research, Official research team of The Water Network in Business
Alstomhas signed two contracts totaling around €120 million (US$163 million)1with PSP Investment Ltd for the supply of two 150 MW pump-turbines with the associated balance of plant equipment and Alstom's Distributed Control System (DCS) for the 300 MW Gilboa pumped storagehydropowerplant in Israel.
Alstom also signed an eighteen-year operation & maintenance (O&M) agreement, covering day-to-day operation and maintenance of the power plant. The project represents Alstom's first entry into the Israeli hydro market and will be the country's first pumped storage power station, Alstom already has a proven track record in the Israelipower generationmarket with respect to existing steam plants and gas plants.
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