- Decmil Group (DCG) receives a $21 million contract to deliver the civil balance of plant works for the Crookwell 3 Wind Farm Project
- Located in NSW, the Crookwell 3 Wind Farm Project is a major project aimed at providing renewable energy into the national electricity market
- Under the contract, Decmil will be responsible for road construction and improvements as well as bulk earthworks
- Geotechnical investigations have begun with site work expected to begin next month and completion of Decmil’s work targeted for mid-2022
- Decmil is up 4.23 per cent on the market with shares trading at 37 cents at 1:13 pm AEST
Decmil Group (DCG) has been awarded a $21 million contract to deliver the civil balance of plant works for the Crookwell 3 Wind Farm Project.
The contract has a base value of $21 million with exercisable options worth an additional $2 million.
The Crookwell 3 Wind Farm Project is a major project aimed at providing renewable energy into the national electricity market.
The project will provide 33,000 households with electricity per year and will invest $90 million to $110 million into the economy.
It covers an area of 1500 hectares and lies roughly 17 kilometres southeast of Crookwell in NSW.
Under the contract, Decmil will be responsible for 16 kilometres of road construction consisting of creating new roads and improving exisiting ones.
Decmil will also undertake 116,000 cubic metres of bulk earthworks for building pads, hardstands and laydowns as well as 6600 cubic metres of concrete in tower bases.
Geotechnical investigations have already begun with site work expected to begin next month and completion of Decmil’s work targeted for mid-2022.
Decmil will then return to site in late 2022 to complete grouting after the turbine installation.
CEO Dickie Dique commented on the contract win and what it means for the company.
“The contract win is a testament to the company’s proven track record of successfully delivering wind farm projects,” Mr Dique commented.
“This is another contract which illustrates our ability to capitalise on the buoyant energy sector by securing work with nan existing blue-chip client.
“Decmil is methodically converting its tender pipeline into contract wins, as the company transitions from a year of consolidation in FY21 to a year of growth if FY22.”
Decmil was up 4.23 per cent on the market with shares trading at 37 cents at 1:13 pm AEST.