Construction of the power house at the Kárahnjúkar Hydro-Electric Plant
On 9th September, 2003, representatives from Landsvirkjun and Fosskraft signed an agreement for approximately 83 billion kronur to construct the power house for the Kárahnjúkar Hydro-Electric Plant. Fosskraft was the lowest bidder. Fosskraft is owned by four Companies, IPC, Ístak, E.Phil & Sön in Denmark and Hochtief in Germany.
The contract was signed by Friðrik Sophusson (for Landsvirkjun), Stefán Friðfinnsson (for IPC), Loftur Árnason (for Ístak), Sören Langvad (for E. Phil & Sön), and Harald Wolf and Roberto Simoni (for Hochtief). Fosskraft%u2019s contract begins with the excavation and construction of an entrance tunnel (7.5 x 7.2 m) into Teigsbjarg in Fljótsdal, an electrical cables channel (4 m x 4 m), an area for the power house (115 x 14 x 34 m), an area for the transformer substation (103 x 13.5 x 16 m) and two pressure shafts (ea. 3.5 m wide and 410 m long) together with a tailrace (9 x 9 m). Following completion, the Company will construct the power station and associated buildings.
Preparations have begun in Fljótsdal. The work camp is being erected and in Egilsstöðum, Héðsverk has begun earthwork for access to the area designated for the tunnels so that Fosskraft can begin the tunnel work on 15th October, 2003. It is expected that ca. 100 employees will be involved whilst excavation and digging is being carried out but that there will be more employees when the actual buildings are being constructed.