Inaugurating a 1,263-megawatt LNG-fuelled power plant in Jhang on Saturday, Pakistan’s Prime Minister Shahid Khaqan Abbasi pointed out the swift project execution and start-up, contrary to what he called the previous government’s “failed rental power plants.”
South Africa’s national utility, Eskom, would benefit its ratepayers and investors by decommissioning its older coal-fired power units and scaling back construction of the controversial 4,800-MW Kusile coal power plant project, said Grové Steyn, lead economist at Meridian Economics in Cape Town. In his view, “South Africa does not for the foreseeable future need a new national nuclear-, coal- or gas-to-power construction program.”
Mitsubishi Hitachi Power Systems (MHPS) has just disclosed that customers in Asia, the U.S., Mexico and South America have technically selected the M501JAC for their projects 26 times, representing over 14 GW of new power projects. MHPS's new JAC-class turbine has unprecedented statistics – 99.5% reliability while approaching 65% efficiency.
Gemma Power System has selected Matrix North American Construction (Matrix NAC) as a subcontractor to carry out critical equipment erection work during for Exelon West Medway II – a 200 MW dual-fuel simple cycle power plant in Medway, Massachusetts. As the EPC contractor for the Medway II project, Gemma has commissioned Matrix to install the plant’s centerline and erect the stacks and selective catalytic reduction (SCR) system.
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.
Dec 5 – Reliance Power has completed execution of agreements for Phase 1 of the power project in Bangladesh. Phase-1 consists of 750MW combined cycle gas power plant to be set up at Meghnaghat near Dhaka and 500 mmscfd LNG terminal at Kutudbia Island.
Venturing into the Vietnamese energy market, Russia’s independent gas producer Novatek confirmed its subsidiary Novatek Gas and Power Asia has entered a memorandum with Total and Siemens to collaborate on LNG sales and develop infrastructure for new-build gas power plants.
Thailand's No.3 power producer Gulf Energy plans to invest over $4.6 billion across Southeast Asia – mostly in the acquisition of gas-fired power plants as well as in greenfield projects – the company’s CEO Sarath Ratanavadi announced shortly after his company had raised $733 on the Thai stock market. Shares of Gulf Energy will be listed on December 6.
Asia-Pacific project developer Energy World Corp (EWC) has cleared the final hurdle to bring a power plant and LNG hub venture in the Philippines on stream in 2018. The future plant operator just signed a land ownership agreement, securing right of way from the 600 MW at at Pagbilao, Quezon, to the National Grid connection point.
Shortly after completing the project financing agreement for the Muara Tawar power plant upgrade, Indonesia’s PT. Perusahaan Listrik Negara (PLN) has give Doosan Heavy Industries & Construction notice to proceed (NTP) with works to convert and expand the plant from 1,150MW in open-cycle to 1,800MW in combined-cycle mode.