Mitsubishi Heavy Industries Compressor Corporation (MCO), a subsidiary of Mitsubishi Heavy Industries (MHI), has won an order from Braskem Idesa for three steam turbines and five compressors for a large-scale ethylene production facility in Mexico. MCO said it will deliver the equipment on order in the spring of 2013.
The Posco-operated Ansan combined cycle power plant (CCPP) will be South Korea's second gas-fired power plant to run on SGT6-8000H gas turbines, Siemens said today. South Korea is a growth market for turbine sales for Siemens as electricity demand in the East Asian country grows at an annual rate of 3.6%.
General Electric (GE) has secured a contract worth nearly US$200 to supply steam turbine technology, power generation services and distributed control systems for the conversion of Saudi Electricity Company's (SEC) PP10 power plant from simple to combined-cycle operation. The conversion will boost the capacity of the plant by 1,300 MW, GE said.
The Russian gas major Gazprom seeks to buy a 50% stake in the gas-fired Severn Power Station (824 MW) near Newport in South Wales, according to industry sources. Dong Energy declined to comment on ongoing negotiations, but a spokesman confirmed Dong and Gazprom are evaluating participations in power plants in the Netherlands and in the U.K.
Poweo, an independent French power and gas company, today posted a net loss of €63.4 million in 2011, incurred primarily by losses in its power generation business. Revenue from power generation revenue dropped from €185 million in 2010 to €124 million last year due to unfavourable profit margins at its CCGT power plant at Pont-sur-Sambre (412 MW).