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SNC-Lavalin Group Inc.

11:58 AM EST - SNC-Lavalin Group Inc. : and its partner, Genoa-based Ansaldo Energia, are pleased to announce that they have been awarded a contract by the Société tunisienne de l'éléctricité et de gaz (STEG) to design and construct a 420 MW gas-powered combined cycle thermal power plant at Sousse, Tunisia. Valued at $340 million, the contract involves a complete power plant to be located within an existing power complex. SNC-Lavalin Group Inc. shares T.SNC are trading up $0.52 at $55.18.