By Cecilia Butini

Vinci SA said Thursday that it has signed a 388 million-euro ($468.8 million) contract to build a dam in the West African country of Senegal.

The contract was awarded to Vinci Construction and another Vinci subsidiary together with Austrian plant-engineering company Andritz AG, which has a minority participation in the consortium.

The agreement was signed with the Gambia River Basin Development organization--comprising Senegal, the Gambia, Guinea, Guinea-Bissau and Senegal--for the construction of the Sambangalou dam, in the southeast of the country.

Work is set to begin in the first half of 2021, Vinci said.

The dam will be be 91 meters (299 feet) high with a capacity of 128 megawatts, according to Vinci, and its construction will employ 1,000 local workers.

Vinci said the energy produced through the dam will be carried over to the electricity grid in the Gambia, Guinea, Guinea-Bissau and Senegal, and that Vinci subsidiary Vinci Energies is installing high-voltage lines there.

Write to Cecilia Butini at cecilia.butini@wsj.com

(END) Dow Jones Newswires

December 10, 2020 03:08 ET (08:08 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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