Daily News

Fast-track delivery of six Wärtsilä engines for a 100-MW power plant in the Gazipur Industrial Zone helps alleviate regional power shortages in Bangladesh. The order has been placed by China-based Hubei Electric Power Survey & Design Institute.

Published in Projects & Finance

Darshan Hiranandani, the head of H-Energy, has forged a joint venture with the Japanese shipping company Kawasaki Kisen Kaisha, known as K-Line, striving to import LNG for power generation and industry customers in the Indian state of West Bengal and neighbouring Bangladesh. To that end, an FSRU is meant to be deployed in the offshore Digha region – the first facility on India’s East Coast.

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Larsen & Turbo, the India-based technology conglomerate, has just commissioned the Sikalbaha combined-cycle power plant (225 MW) on behalf of its owner Bangladesh Power Development Board (BPDB). The 225-MW had also been built by L&T on a turnkey basis.

Published in Projects & Finance

The Asian Development Bank (ADB) has approved debt financing and partial risk guarantees worth $583 million to help Reliance of India develop a $1billion project in Bangladesh, consisting of an LNG import terminal near Kutubdia Island and adjacent gas power generation.

Published in Projects & Finance

GE Power has been selected by the Jiangsu Etern Company to supply its LMS100 gas turbine for an upcoming 100 (±10) megawatt open-cycle gas power plant in the city of Shahjibazar in Bangladesh.  The Shahjibazar OCGT is being developed by Jiangsu Etern on a turnkey basis on behalf of the Bangladesh Power Development Board (BPDB). The project is expected to be commissioned in the second quarter of 2019.

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Japan’s Mitsui has agreed with the Bangladesh government to develop an LNG-fuelled combined-cycle gas turbine (CCGT) power plant with a capacity of between 500 MW and 600 MW at Cox Bazar. A memorandum has been signed in this regard between the state-owned Coal Power Generation Company Bangladesh (CPGCBL) and the Japanese firm. The deal comes just days after the Bangladeshi government agreed with Siemens on a 3.6 GW LNG-to-power project.

Published in Projects & Finance

The Finish technology group Wärtsilä has received yet another contract to supply power generating equipment to Bangladesh, the seventh this year. The latest order, booked in October, is for a 100 MW power plant project in Chittagong being built by Karnaphuli Power on behalf of the owner Baraka Group.

Published in Projects & Finance

Bangladesh is not only very densely populated but also one of the fasted growing economies in the world, hence its need for electricity is enormous. Against this background, MAN Diesel & Turbo announced an order win by Confidence Power Holdings –a new customer – to deliver 15 gensets of the type 18V48/60, with a capacity of 18.55MW each. The gensets will be fitted to three of Confidence Power’s existing baseload power stations.

Published in Projects & Finance

Finland-based technology group Wärtsilä has been contracted to supply two more baseload power plants to Bangladesh. Orion Group, an industrial conglomerate, is developing two 110 MW units, each of which will operate on six Wärtsilä 50 engines running on heavy fuel oil.

Published in Projects & Finance

Bergen Engines, a subsidiary of Rolls-Royce Power, has agreed to deliver two power stations with a contract value of €133 million to Bangladesh. Together, the two power stations will have a capacity of 262 MW and set to be fully operational in 2018.

Published in Projects & Finance
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News in Brief

German coal plants “worthless” at CO2 of €45/t

Feb 16 – Coal power plants in Germany would have to be almost completely eliminated by 2030 in a scenario with a carbon price of €45/t, a study of Barclays bank finds. A total of 46,000-MW of black and brown coal-fired generation is currently in service in Germany.

Iran plans to add 40 decentralized gas gensets

Feb 15 – Off-grid, decentralized power supply will help avert electricity shortages in Iran’s northern provinces of Mazandaran and Golestan. To that end, the Iranian energy ministry launched a plan to build 40 small-scale power plants across with a combined capacity of 1,000 MW over the two provinces over the coming six years.

National Grid makes £1m for top projects

Feb 14 – The UK’s National Grid System Operator is reaching out to industry and academia to open up a discussion on priority investments across the GB gas and electricity systems. Up to £1 million is available for the top projects, National Grid said when opening the funding application process which closes on 28 February.

Wärtsilä renews O&M accord for Saudi power plant

Feb 13 –Saudi Arabia-based Hail Cement Company hasrenewing the three-year asset management agreement with Wärtsilä and for a power plant in Turbah, Saudi Arabia. Under the agreement, Wärtsilä provides guarantees for the performance of the 53 MW base load plant, equipped with seven Wärtsilä 32 gas engines.

Black & Veatch eyed as EPC contractor for £500m Wyre plant

Feb 12 – Wrye Power, a subsidiary of NPL Group, and China Machinery Engineering Corporation (CMEC) have hired Black & Veatch as EPC contractor for the £500 million Wyre power project. Black & Veatch will provide engineering and planning consultancy services to develop the 900 MW combined cycle gas turbine plant, which will be built at Fleetwood in Lancashire.

Lockyer Valley Energy Project gets environmental nod

Feb 9 – The Lockyer Valley Energy Project, a 1,000-MW gas-fired power plant formerly known as the Westlink Project, has received environmental approval from the US Federal Government. As part of the approval, Quinbrook Infrastructure Partners, the developer of the plant, has been ordered to commit up to $800,000 for an environmental offset plan.

GIP buys NRG Yield

Feb 8 – Global Infrastructure Partners (GIP), an independent infrastructure investor, has agreed to acquire NRG Energy’s US renewable energy platform for $1.375 billion in cash and provide backstop support for NRG Yield agreed purchase of the Carlsbad Energy Center project. NYLD is the second largest US power company by enterprise value and market capitalization, operating a total capacity of 5.1 GW, diversified across wind, solar, and natural gas technologies.

Rolls-Royce tests lean-burn combustion system

Feb 7 – Rolls-Royce has run a demonstrator engine featuring ALECSys (Advanced Low Emissions Combustion System) for the first time on a testbed in Derby, UK. Designed for future jet engine programmes, ALECSys may be adapted for the power generation segment at a later stage.

Just Energy takes over EdgePower

Feb 6 – US retail energy provider Just Energy Group announced today it has agreed to acquire all shares or EdgePower, a privately-held energy monitoring company. Based in Aspen, Colorado, EdgePower provides lighting and HVAC controls, as well as enterprise monitoring in hundreds of commercial buildings across North America

Pöyry to carry out EPC for cogen project in Finland

Feb 6 – The Finnish utility Pori Energia has selected Pöyry to carry out project management, basic and detail engineering and procurement services for 90-MW Aittaluoto combined heat and power (CHP) plant project. The construction of the new cogeneration power plant will be completed by mid-2020, and once operational Pöyry will replace some of the boiler capacity at Aittaluoto.

Kosmos advances FLNG offshore Senegal

Feb 5 – Kosmos Energy has completed drilling the Requin Tigre-1 exploration well in Senegal’s Saint Louis Offshore Profond block. Exploration of the deepwater Cretaceous petroleum systems offshore Mauritania and Senegal are part of Kosmos’ efforts to source more feedgas for a FLNG project, though some of the gas find will be reserved by local governments for power generation.

Eland gets involved in Innovate UK project

Feb 2 – Participating in a £1 million Innovate UK grant-funded project, Eland Cables will install its new long linear capacitor cable technology, dubbed the Capacitive Transfer System (CTS) to help reduce power loss in the national grid. The UK currently loses around 7.6% of the power it generates during transmission and distribution, which equates to an estimated £1.1 billion spent annually.

Floating power market to quadruple by 2023

Feb 1 – The global Floating Power Plant industry is expected to surge exponentially by 2023, registering a growth rate of 10.23% during between 2017 and 2023, according to Market Research Future. Gaining full viability as a technology, floating power plants are being rolled out to guarantee uninterrupted electricity supply in remote locations that are not connected to national distribution grids.

Ener-Core, Dresser-Rand grid synchronize CHP

Jan 31 – Ener-Core’s first two 1.75-MW power oxidizers, integrated with Dresser-Rand KG2-3G gas turbines have achieved electrical synchronization with the power grid at the Pacific Ethanol bio-refinery in Stockton, California. The oxidizers are replacing the traditional gas-fired combustion chamber within CHP gas turbines, allowing industry customers to convert their low-quality waste gases directly into clean power, heat and steam.

Gazprom’s curbs domestic gas debt

Jan 30 – Accumulation of overdue debt for gas supplies remains a problem for the Russian gas market. According to Gazprom data, the total outstanding debt reached RUB 170.7 billion ($3.03bn) by January 1, 2018, an increase of RUB 9.8 billion ($173m) from early 2017. Among the most problematic non-payers are heating suppliers, which account for about 35% of the debt and two-thirds of debt growth.

Global gas demand up 3%

Jan 29 – Spurred by China’s green energy policy, global gas demand increased 3% year-on-year in the first three quarters of 2017, according to Cedigaz figures. The Paris-based research institute criticized that investments made upstream and in liquefaction infrastructure have been “insufficient” in recent years, with Coral the only LNG export venture to take a final investment decision last year.

UKPR launches iGrid App for Android

Jan 26 – UK Power Reserve has launched an Android version of its iGridUK app, providing near real-time information about the energy market, such as generation by fuel type and peak demand. The release complements the popular iGridUK app for Apple.