LIMA, Peru--(BUSINESS WIRE)--Graña y Montero S.A.A. (NYSE:GRAM) (BVL:GRAMONC1) (“the Company” or “Graña y Montero”) a leading Engineering and Construction company, announced today that through its subsidiary GyM, it won a contract with Hydro Global Perú to build an alternative entrance for the San Gabán III hydroelectric power plant located in Puno. The amount of this contract amounts to US $ 9.6 million.
This project will facilitate the entry of personnel, vehicles and machinery required for the construction of the aforementioned hydroelectric power station, which will have an electrical generation capacity of more than 200MW and will allow energy to be brought to thousands of families in the area.
The scope of the contract includes the construction of a section of the road, an access tunnel and the stabilization of slopes.