India's Reliance Power said its 2400 MW Samalkot gas-to-power plant project is ready for commissioning in a record time of 15 months. Construction costs of the plant are estimated to amount to US$ 2 billion, with financing provided by US Exim Bank, a Reliance spokesman told Gas-to-Power Journal today.
Endesa, Spain's second largest utility, has reinforced its leading position the Spanish power generation market by hiking its electricity output in the country by 12 % to 74,249 GWh in 2011. Endesa has a 39.4% market share in the Spanish electricity market.
GE Energy's Industrial Solutions business has won the 2011 North America Supplier of the Year award from Gexpro, a part of Rexel Holdings, U.S.
Advanced Power, a developer and project financier of independent power plants, said today it will close its Hamburg office following the decision cease the development of its 1,200 MW combined cycle gas turbine (CCGT) power plant project in Wustermark, Germany. The development of a gas-fired power plant project in Bocholt will be managed from London.
Siemens Energy has won an order to supply a SST-400 steam turbine generator for a waste-to-energy plant equipped with combined power and heat generation (CHP) in Plymonth, England.
India is gearing up to become the largest single market for thermal power plants in the world after China. "The world's leading power plant facilities companies are racing to enter the Indian market," Doosan Heavy said with reference to plans of Indian energy companies to spend US$ 25 billion annually on new power plants through 2020 to ease the country's energy shortage.
Plans of Tokyo Electric Power Co. (Tepco) to raise corporate electricity rates by an average of 17% in April have sparked fierce opposition from the Japanese industry and regional governors. Tepco needs approval from the central government for raising electricity rates.
Doosan Chennai Works, a local subsidiary of Doosan Heavy Industries & Construction, has won orders from NTPC, India's state-run energy service company, to supply five boilers for two separate power plants in India.
The U.S. Clean Heat & Power Association (USCHPA) is backing the Smart Energy Act that set a national goal to double the amount of power generated by combined heat and power systems to 170 GW by 2020. The technical potential for additional Combined Heat and Power (CHP) plants at existing sites in the U.S. is between 130 and 170 GW, plus an additional 10 GW of waste heat recovery, according to USCHPA estimates.
In an effort to end shortages of gas supply to power plants, Nigeria's Petroleum Minister, Diezani Alison-Madueke, has called on energy companies to comply with the country's new gas price regime. The Government is concerned that gas companies are not implementing the new, higher price regime that had been designed to attract investment to Nigeria's domestic gas-to-power sector.
Bangladesh's independent power producer Summit Power Ltd. has signed several deals with General Electric (GE) and China National Electric Engineering Co. (CNEEC) to build a 335 MW dual-fuel power plant near the capital Dhaka. The plant will run on natural gas as well as on oil, the operator Summit Power said.
Toshiba JSW Turbine and Generator Pvt., a Toshiba Group company based in Chennai, India, has won a contract worth US$470 million to supply of three 800 MW supercritical steam turbine and generator island packages to NTPC, India's largest state-owned energy service provider. Delivery of the equipment will start in 2013, Toshiba JSW said today.
The German power market is undergoing a transition in generation capacity on the supply side, while demand growth remains subdued, the French investment bank Societe Generale said. "2013 will be a key year for new build, but retirement decisions will be a key strategic variable as early as this year," the bank said in a special report.
Indonesia's state electricity company PLN has halted operations at six gas-fired power plants as it is struggling to obtain sufficient gas supplies from the Tangguh Field. "Some of PLN's power plants have not received gas supply [at all]," PLN chief executive Nur Pamudji told local reporters today.
Siemens has bought the majority stake in Marine Current Turbines Ltd. (MCT), a Bristol-based developer and builder of tidal power systems. The target is "to secure a leading position in this future business," it said today.