Swiss engineering group ABB has won orders worth around $120 million from KAR Construction and Engineering Company Ltd. to design and build a gas-fired power plant and construct two 400/132 kilovolts (kV) high-voltage substations that will supply electricity to the Kurdistan region of Northern Iraq. The project is scheduled for completion by the end of 2013.
The introduction of a carbon floor price under Britain's Electricity Market Reform (EMR) is estimated to make natural gas catch-up with coal in terms of profitability. "Using our forward-price assumption for coal, gas-fired generation and coal-fired generation are very nearly on equal footing in the April 2015 timeframe in the UK," Deutsche Bank forecast today.
German utility E.ON raised its 2012 earnings outlook on Tuesday after settling a fierce and lengthy dispute with Gazprom, Russia's gas export monopoly, over pricing conditions of long-term gas import contracts.
Huaneng Power International (HPI) today announced it has received the regulatory green light for its Huaneng Tongxiang gas-fired cogeneration project. Construction of the plant, in which it owns a 95% interest, was approved by Zhejiang Provincial Development and Reform Commission.
General Electric (GE) has launched the PowerXpand Portfolio as an integrated power solution to provide flexible and rapid power supply. The scalable product bundles GE's TM2500 and TM2500+ mobile aeroderivative gas turbine generator sets, the Jenbacher J320 containerized gas engine generator set and the V250/V228 diesel engine generator sets.
Wärtsilä, a leading supplier of diesel and natural gas engines, has won an order to supply a combustion gas engine baseload power plant to power the proposed PLTMG Duri plant in Indonesia.
Siemens Energy will design and built a gas-fired power plant in Düsseldorf as a turnkey project in on behalf of the municipal utility. The worth of the order, including a turnkey construction and a long-term maintenance contract, is between 400 and 500 million euros, Siemens said today.
Japan's Tohoku Electric Power Inc. has commenced operations of its newly built No.5 gas turbine at the Higashi-Niigata power plant ahead of schedule. The 339 MW gas turbine is the third unit to start operations at the plant and the only one of five emergency units fuelled by regasified LNG.
One of India's largest gas-fired power plants, the 1,967 MW Dabhol facility, is operating at less than half of its installed capacity due to the severe shortage of natural gas, a source at Ratnagiri Gas and Power Private Limited (RGPPL), the plant operator, told 'Gas to Power Journal'.
Israel Chemicals (ICS) announced on Sunday it will invest $320 to build a new dual-fuel cogeneration plant in Sodom, southern Israel.
Abu Dhabi has given the green light for the construction of a new 1,5000 gas-fired combined cycle power plant in Mirfa on a 'build own and operate basis.
ABB, the world's largest producer of power-distribution equipment, has won an order worth around $75 million from Iraq's Ministry of Electricity to connect a new 500 MW gas-fired power plant to the 400/132 kV (kilovolt) Amara substation.
U.K.-based Diageo plc has once again tapped Clarke Energy, a distributor of GE's Jenbacher gas engines, to install turnkey combined heat and power (CHP) plants at its Guinness breweries in Nigeria. GE said the ecomagination-approved Jenbacher J620 CHP units are scheduled to be fully installed, tested and in operation by the first quarter of 2013.
Reliance Industries Ltd. (RIL) said it will be using Phillips 66's E-gas technology for its planned gasification plant at Jamnagar, billed to be the largest in the world. The gas produced at the site will fuel the refinery's existing gas turbine power generation units and serve as feedstock for a new chemical complex.
Saudi Electricity Company (SEC), one of the largest utility worldwide in terms of installed power generation capacity, has contracted Shaw Group to implement a fleetwide services program for its oil and gas-fired power plants. Shaw did not disclose the contract value but said it will be included in the orderbook for Q4 2012.