CIMIC Group company UGL has been awarded a five-year contract with Power Network Services (PNS)—a collaboration between CitiPower and Powercor Australia.
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UGL will provide maintenance and construction services for overhead powerlines within the Victorian Electricity Supply Industry (VESI), meeting the growing demand for maintenance and power infrastructure upgrades.
The five-year agreement has the potential to generate up to $80 million in revenue to UGL and includes options for extensions.
CIMIC Group executive chairman Juan Santamaria said, “CitiPower and Powercor supply electricity to the majority of Victoria, meeting the power needs of residents, businesses, and infrastructure. We are pleased that UGL’s experience in power generation, transmission and distribution solutions can be used to help serve Victoria’s growing energy requirements.”
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UGL managing director Doug Moss said, “At UGL, we’re a market leading service provider across the electricity generation, transmission, and storage sectors. This agreement with PNS allows us to deliver our expertise across the Victorian network, providing a safe and reliable service for the community and providing employment opportunities throughout the state.”