Projects & Finance

Persero subsidiary Indonesia Power has awarded an engineering, procurement and construction (EPC) contract for the Tambak Lorok CCGT block-3 to a consortium of GE, Marubeni and Hutama Karya. The three contractors sign responsible for the plant to commence full commercial operation in mid-2020.

Malaysia's Invest Energy (Inven), a clean energy investor and spin-off from Konpro Group, has contracted the Mitsubishi Heavy Industries (MHI) group company Turboden to install an Organic Rankine Cycle (ORC) turbogenerators at an onsite power plant at Safran factory. Inven is realising plant via a build, own, and operate model.

Construction of Al-Mansurya, a 720 MW gas-fired peaking power plant northeast of the Iraqi capital Bagdad that has been damaged during the conflict in the area, is being rebuilt. Supporting the Ministry of Electricity’s efforts bring the plant to full operation, GE supplied four GT13E2 gas turbines, two of which have already been synchronized and are feeding electricity into Iraq’s national grid.

Musandam Power Company (MPC), an affiliate of Oman Gas Company (OGC), has started full commercial operation of a 120 MW dual-fuel power plant at Tibat, Bukha province in Oman’s enclave of Musandam. As an area outside of Oman’s national power grid, Musandam used to be supplied with electricity and desalinated water via several diesel gensets.

The Finish technology group Wärtsilä will take full operations and maintenance responsibility for Pampa Energia's installation Central Térmica Parque Pilar located in the Buenos Aires province, Argentina. Under the 10-year operation and maintenance (O&M), Wärtsilä will ensure reliable output from the 100 MW power plant and service its six 50DF multi-fuel engines.

GE’s second HA gas turbine order win in Mexico will see the American OEM provide equipment, services and digital solutions for the Tierra Mojada CCGT in Guadalajara, Mexico. Fisterra Energy, majority-owned by Blackstone Group, will be responsible for bringing power to the grid by December 2019 and selling it onto the new wholesale electricity market, created by Mexico’s Energy Reform.

Mitsui, and its Japanese consortium partners, are making progress in developing and building two Independent Power Projects (IPP) in Oman, Sohar III and Ibri, with a combined capacity of 3,219 MW. According to Oman Power and Water Procurement Company (OPWP), the future plant operator, the gas-fuelled Ibri IPP is due to start up in April 2018.

Aspiring to fully digitalize its infrastructure, Singapore is piloting 'MindSphere' – Siemens' open, cloud-based operating system for the Internet of Things (IoT). To that end, the German OEM inaugurated a digitalization hub in the city state, supported by the Singapore Economic Development Board (EDB), were it will develop IoT and Industry 4.0 solutions in collaboration with customers in Southeast Asia.

Finish technology group Wärtsilä has been contracted by two Iranian energy firms, Baran Niroo Beshel and Tamin Niroo Saam, to provide engineering and equipment deliveries for two baseload power plants. The gensets are expected to be delivered during the third quarter of 2017, the manufacturer said, stressing that once operational, the plants will be Iran’s “first decentralised power plants of its kind.”

Seoul-based power utility GS Electric Power and Services (GS EPS), part of GS Group, has inaugurated unit 4 for its LNG-fuelled Dangjin combined-cycle gas turbine (CCGT) power plant. Huh Chang-soo, chairman of GS Group dropped hints at the inauguration ceremony that GS EPS is taking steps to directly import spot cargoes of US LNG through the Boryeong regas terminal as it is seeking to “increase the price competitiveness of its power supply.”

Arizona-based Tuscon Electric Power (TEP) has issued a request for proposals (RFP) in search for a contractor to design and build a power station that will house 10 reciprocating internal combustion engines with 200 MW combined capacity. TEP plans to bring half of the units online by mid-2019, and the remaining by mid-2021.

Germany-based MTU Maintenance has extended its exclusive contract with Sahacogen (Chonburi) for maintenance repair, overhaul of its three LM6000PC gas turbines. The long-term service agreement is valued at over $35 million and runs until the end of 2023.

General Electric, through its energy investing unit GE Energy Financial Services, and YPF Energía Eléctrica, have secured $220 million project financing for the 267-MW Tucumán and 107-MW Loma Campana II projects. Citi, Credit Suisse and Export Development Canada (EDC) jointly led the financing, which represent the first power plant project financing in Argentina in almost 20 years.

The Turkish energy company Karpowership has placed an order for a total of 38 engines of the type MAN 51/60. The engines each have a power output of 18.5 - 20.4 MW, and deliveries are due to start later this year, for commissioning to take place in 2018.

Kuwait’s Ministry of Electricity and Water (MEW) has selected Alghanim International for execution of engineering, procurement and construction (EPC) of the Sabiya Extension-3. As part of this 900 MW project, the EPC contractor has asked Siemens to supply key power generation equipment, notably the power train.

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