Caverion has signed an agreement to perform installation work at Fortum's Loviisa nuclear plant in Finland.
Under the agreement, Caverion will conduct installation work on the steel structures, pipelines and also electrical and automation systems in the cooling towers of the power plant.
Caverion, which will be responsible for the €2m project execution, will also provide the installation work for the four cooling towers of the Loviisa nuclear power plant in one total delivery, connecting the towers with the operational plant.
The work mainly includes the installation of steel frame structures, wall and roof insulations together with pipelines in the cooling towers, and carrying out the electrical and automation installations of the project.
Caverion and Fortum have also agreed on valve maintenance and mechanical installations for the next three years to the Loviisa nuclear power plant.
Caverion Industria project services vice president Ahti Nurkkala said, "We are very happy to have the opportunity to continue our long and successful cooperation with Fortum."
The Loviisa nuclear power plant comprises two plant units, Loviisa 1 and Loviisa 2, and are capable of generating a combined eight terawatt-hours (TWh) of electricity annually for the national grid.
The power plant was designed to meet the most developed Western safety standards while continuously improving safety and operability through major modification projects.
The installation work is scheduled to be completed by February 2015.