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Telvent has been awarded with a new project in Brazil for the starting up of a control and supervision system for 20 electrical substations

Madrid, October 14th, 2004 – Telvent, the Global RealTime IT company and subsidiary of Abengoa, has been awarded the project, in the tender of the National Operator of the Electrical Brazilian System (ONS), for the starting up of a turnkey project for the Control and Supervision of 20 substations belonging to the Brazilian company Furnas.

The awarded project, named SINOCOM (Improvement of the Observing and Controlling of the Interconnected National System), will allow to correctly monitor all the substations and hydraulic plants of Interconnected National System (SIN). Therefore with this project it will be achieved to operate and to manage adequately the electrical transport network, with tension levels up to 500 kV and to increase its safety, avoiding problems of blackout as the ones happened in 1999 and 2001.

The scope of the project comprises the installation and starting up of the intelligent equipments of control (RTUs) and all the necessary materials such as of control cables and communications, auxiliary relays, transducers, etc., as well as the services of engineering, executive project, adequacy of the process, data interconnection, integration, installation, assembly(montage), training and documentation, for the twenty Furnas's most important substations, in the conditions(states) of Rio de Janeiro, São Paulo, Brasilia, Goiás, Mines Geráis and Parana.

According to Manuel Sánchez Ortega, Telvent's chairman, “with this work, Telvent demonstrates its consolidated presence on the Brazilian market with the implementation, among others, of projects as emblematic as the System of Control and Protection for the substations of the Interconnection North - South (the major line of Brazil) or the Scheme of Emergency control (ECS), with a volume of business superior to 20 million euros”.

Ons was created in 1998 by the aim to operate the SIN and to administer the basic network of transport of energy of Brazil, assuring all the users of SIN the continuity, quality and economy of the supply of electric power. Ons is formed by all the members of the electrical Brazilian sector and the Department of Energy.

Furnas Centrais Elétricas S.A is the leader in the electric energy sector in Brazil, responsible for the 66% of all the energy consumed in the Country. The Company currently counts with ten hydroelectric plants and two thermoelectric plants, a total of 42 substations and 18.000 km of transmission lines. Furnas supplies the Federal District and the states of São Paulo, Minas Gerais, Rio de Janeiro, Espírito Santo, Goiás and Tocantins, where half of the population lives and the 67% of the industrial production is concentrated.

Telvent, the Global RealTime IT company and subsidiary of Abengoa, is specialized in solutions with high added value, in four specific industrial sectors (Energy, Traffic, Transport and Environment) in the Americas, Spain and China.(www.telvent.com)

Abengoa, an industrial and technology company listed on the Madrid Stock Exchange, has a market capitalization of over 522 million euros (31/12/2003), provides solutions for Sustainable Development, the Information and Knowledge Society and the Creation of Infrastructures. Abengoa operates in four important areas: Bioenergy, where it is the world's second largest bioethanol producer; Environmental Services, where it is the European leader in different industrial waste market segments; Information Technologies, where it has achieved global recognition and has operations in Europe, North America and Asia; and Industrial Engineering and Construction, where it is a leader in Spain and Latin America. (www.abengoa.com)