Construction giant Skanska has signed a NOK 507 million contract with energy company Statkraft to build a new hydroelectric power plant in Klæbu, Trøndelag County, Norway. The project, named the Svean power plant, is part of Skanska’s Nordic region order bookings for the first quarter of 2025.
The new facility will be constructed near the existing Svean power plant, which has been in operation since 1940 and is now in need of major upgrades. During the construction period, the old plant will continue to operate, ensuring minimal disruption to power supply.
The new power plant will be built inside a mountain, with Skanska handling all construction-related tasks. This includes excavating 1.6 kilometers of tunnels and repurposing a 3-kilometer transfer tunnel that runs from Selbusjøen to Svean. Additionally, a new water intake will be built in Selbusjøen.
Once completed, the Svean power plant is expected to generate around 130 gigawatt-hours (GWh) of electricity annually. This output is sufficient to power approximately 6,000 households.
Construction is scheduled to begin in January 2025, with the project expected to be completed by December 2027. The new facility will contribute to Norway’s renewable energy capacity, supporting the country’s transition to sustainable energy sources.