Projects & Finance

Saudi Electricity Co (SEC), together with Saudi Aramco, has awarded a contract to the French utility Engie to build a 1,504 MW gas power plant. The CCGT is slated to start operation by December 2019 and will help power Aramco's Fadhili gas processing plant that is currently under construction.

Hit by further delays, Mississippi Power Co. has conceded it needs to extend the construction schedule for its Kemper County integrated gasification combined-cycle (IGCC) plant by yet another month, which increases costs by $62 million. The project’s total price tag now stand at nearly $6.9 billion – start-up has been pushed back to November 30.

French energy marketer Direct Energie has agreed to buy Marcinelle Energy – the owner of a 400 MW combined-cycle gas power plant – from Italy’s state-dominated Enel.

Japan’s Tokyo Gas announced today it has acquired a 28% stake in the operating firm of a 350 MW gas-fired power plant in Thailand. The deal marks the first venture of the Japanese utility into energy markets in Southeast Asia.

SaskPower has awarded an engineer-procure-construct (EPC) contract to Burns & McDonnell for the new Chinook Power Station. The 350 MW combined-cycle facility will be built on a greenfield site near Swift Current, Saskatchewan.

Siemens, in partnership with Hangzhou Steam Turbine Co (HTC), has secured a long-term service program (LTP) order from Golden Concord Power Group for two Siemens SGT-800 gas turbines at the Kunshan GCL Blue Sky distributed energy project. This is Siemens' first industrial gas turbine LTP order in China, the company pointed out.

Unit 4 of Tepco’s LNG-fuelled Futtsu power station will be retrofitted with GE’s Asset Performance Management (APM) system under an accord, signed by the two companies, to roll-out APM software throughout the Tepco’s thermal power plant fleet.

The government of Afghanistan has signed an accord for Ghazanfar Group to develop the country’s first gas-fired power plant Mazar-e-Sharif. The 50-megawatt facility will be realised on a build, own, and operate (BOO) basis – all electricity will sold to the national power grid on a 20-year power purchase agreement (PPA).

Harrison County Community Improvement Corp (CIC) has been working with the Texan village of Cadiz to make Houston-based EmberClear advance its 1,000 MW combined-cycle power project. CIC said it would help EmberClear with obtaining necessary permits, with the CCGT set to be fuelled with low-cost shale gas from nearby resources. Financial close and start of construction is scheduled for Q3-2018.

Irish utility Electricity Supply Board (ESB) has announced that the 880 MW Carrington Power Station in Manchester has started full commercial operation earlier this week. The CCGT – the first new-build gas power plant in three years – has already secured a capacity contract for winter 2019/20.

Stockton Council has received a proposal by London-based Stratera Energy for a gas-fired power plant on Teesside. In the planning application, the prospective plant operator said its ‘energy reserve facility’ would provide an electricity output up to 49.95 MW, mainly for grid balancing purposes.

Denton Municipal Electric, the locally-owned utility of the Texan city, has contracted Wärtsilä to deliver engineering and equipment (EEQ) for 225 MW gas power capacity. The plant will provide balancing power to the community, which aims to have 70% of its energy produced from renewables by early 2019.

Just six month after signing an accord with Iran’s MAPNA Group, Siemens has shipped the first F-class gas turbine for a power plant project in Bandar Abbas. This is the first stage of a bilateral contract which also covers the transfer of know-how for F-class gas turbine technology.

GE Power has secured more than $800 million in new orders across the Asia-Pacific (APAC) region, the company announced at this year’s Power-Gen Asia industry conference in Seoul. Orders include the first heat recovery steam generator project following GE’s acquisition of Korean-based Doosan Engineering & Construction HRSG business in August.

Two 130 MW Siemens-made steam turbines at Vattenfall’s district heating plant in Wedel near Hamburg will be overhauled by GE. The Wedel station agreement builds on GE’s 25 years of servicing generation equipment at various Vattenfall power plants throughout Germany.