Projects & Finance

Japanese Marubeni Corporation has won a contract to carry out a gas turbine overhaul for the Ywama combined cycle power plant (CCPP) in Myanmar from Myanma Electric Power Enterprise (MEPE). Hitachi will supply the parts needed for the overhaul works.

Bharat Heavy Electricals Ltd (BHEL) has commissioned the third 250 MW gas turbine at the 1,500 MW Pragati-III Combined Cycle Power Plant (CCPP) in Delhi, India. "The full load operation of the unit has been achieved within a day of unit getting synchronized," BHEL said.

GDF SUEZ subsidiary International Power, in association with consortium partners, has been selected as preferred bidder for the combined heat and power plant CHP5 in Ulaanbaatar, the capital of Mongolia.

Swiss power and automation technology group ABB has won two orders to help Swedish iron ore producer Northland Resources operate its new concentrator plant at the highest levels of energy efficiency. "The extremely tight schedule makes this project unique," ABB said with reference to production start-up planned as early as November 2012.

Wartsila India has launched a Remote Monitoring Station in the southern Indian city of Chennai.  The new station will ensure real time monitoring of power plants by Wartsila personnel in Chennai, backed by technical support from Wartsila Condition Based Maintenance (CBI) Centre in Finland. Wartsila expects the plant monitoring will save maintenance costs and improve their operational reliability.

Wood Group GTS, an independent provider of rotating equipment services, has won a $1 million contract to effectuate a combustion inspection on a GE Frame 7EA dual fuel gas turbine at a power plant located in Kansas, U.S.

GE has shipped two Frame 9FA gas turbines and associated generators to Pakistan for installation at the country's largest projected combined-cycle power plant (750MW) in Guddu. Installation of the turbines is scheduled to be completed by September 2012, with full plant commercial operation expected by mid-2013, GE confirmed.

Mass Global Investment Company, an Iraqi independent power producer, has selected GE to effectuate a combined-cycle gas turbines (CCGT) conversion of the Erbil power plant with a view to increasing capacity by 500 MW to 1,500 MW.

Swiss engineering group ABB has won orders worth around $55 million from the Canadian utility BC Hydro to supply flexible alternating current transmission systems (FACTS) solutions to help increase grid transmission capacity.

Siemens together with the local contractor Alfanar has commissioned the first two of its SGT6-2000E gas turbine units at the Hail-2 Extension-III power plant on behalf of Saudi Electricity Company (SEC).

"The Hail-2 Extension-III project is expected to contribute significantly to the infrastructure development of the Hail region," said Siemens CEO of Saudi Arabia, Arja Talakar.

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.

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.

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News in Brief

Italy’s power exports Montenegro surge

Jan 22 – Italian electric power exports increased by 28% in 2020, largely driven by flows to Montenegro which surged 26% to 8.6 TWh. In contrast, domestic power demand fell 6% last year to 271.6 TWh with electricity sales from conventional plants down nearly 9% to 140.5 TWh, figures by the Italian energy exchange GME show.

US considers new nuclear

Jan 21 – The new US President Joe Biden has said his country could construct new nuclear power plants and reiterated plans to “swiftly rejoin” the Paris Climate Agreement swiftly. Germany’s environment minister, Svenja Schulze, called it illusionary to believe that newer, smaller reactors will be a technology of the future.

Mitsubishi produces methanol in Trinidad

Jan 20 – Mitsubishi Gas Chemical Company has launched commercial operations of a methanol and dimethyl ether plant in Trinidad and Tobago. The plant has an annual production capacity of one million tons of methanol and 20,000 tons of dimethyl ether, which can be used as an alternative fuel for cars and power generation.

First 8-cylinder B36:45 engine delivered

Jan 19 – Rolls-Royce has delivered the first 8-cylinder variant of its Bergen B36:45 gas engine to a tomato producer in Belgium. The medium speed genset is planned for delivery this spring and will drive an onsite power plant that generates 4700 kW electricity and 5520 kW heat. The new engine offers a 20% increase in power per cylinder and will replace an existing Bergen 12-cylinder B35:40 genset.

Moody’s upgrades Enel to Baa1

Jan 18 – Moody’s Investors Service has upgraded Enel’s long-term rating to Baa1, with a stable outlook. The upgrade reflects Enel’s progress in reducing its risk profile, analysts said, pointing at the Italian utilities ongoing investment in networks and renewables, growing geographical diversification and focus on centralised financing.

GE sues Siemens Energy

Jan 15 – General Electric has sued its German rival Siemens Energy over the alleged use of stolen trade secrets to win gas turbine contracts worth several billion dollars. GE told the US district court in Virginia that Siemens received the secret information from a Dominion Energy employee.

Orbital Energy launches Eclipse

Jan 14 – Nasdaq-listed Orbital Energy Group has launched a new subsidiary, Eclipse Foundation, a drilled shaft construction company. The new company specialises in providing services for power transmission and substations, communication tower and a disaster restoration through emergency power.

S’Korean coal and LNG imports slide

Jan 13 – South Korea’s imports of thermal coal and LNG have fallen 12% and 11%, respectively, as the government cracks down on fossil fuel usage to curb air pollution. Customs data shows that coal imports amounted to 10.2 million tons in December, down 1.4 million tons from the same month last year but up from November’s imports of 9.5 million tons.

SMC builds 1.7 GW CCGT in Batangas

Jan 13 – Excellent Energy Resources, part of SMC Global Power Holdings, is building a 1,700 MW combined cycle gas power plant in Barangay Dela Paz and Ilijan in Batangas City with investments of about 67.863 billion Philippine Pesos ($1.41bn). The project is estimated to be completed in 36 to 40 months.

UK’s National Grid issues supply warning

Jan 12 – Natural gas prices in the UK surged as National Grid issued warnings on supply deficit as LNG cargoes are being diverted to North Asia. Prices at the British NBP gas trading hub soared to the equivalent of $8.95 per MMBtu, while the JKM price for North Asian spot LNG cargoes for February 2021 was last at $19.700 per MMBt.

Fortistar invests in hydrogen

Jan 11 – Fortistar, a privately-held fund, has joined an equity investment of up to $157 million in hydrogen producer BayoTech. Cottonwood Technology Funds and the New Mexico State Investment Council also participated in the latest financing round. BayoTech’s systems produce local hydrogen close to the application, serving end users in the industrial gas and petrochemical segment as well as those who use of hydrogen to power fuel cells.

Ashtead appoints new CFO

Jan 5 - Ashtead Technology has appointed a chief financial officer (CFO) and five managers for newly created roles across its international team. The appointments are meant to cement the company’s position in the offshore energy market, including offshore wind and decommissioning of thermal power plants

NFE secures LNG for Puerto Rico, Mexico and Nicaragua

Dec 23 – New Fortress Energy (NFE) has agreed to purchase Henry-Hub-indexed LNG for its integrated gas and power businesses in Puerto Rico, Mexico and Nicaragua. The New York-based project developer said it now has covered 80% of its expected needs throughout Latin America, thus reducing its need for spot purchases and its exposure to changes in the market price for LNG.

China and Korea mandate coal-to-gas switch

Dec 22 – The Chinese government has launched a coal-to-gas boiler switching programme, targeting 7.1 million homes, which makes gas demand more weather-sensitive this winter. Similarly, South Korea mandated the closure of 15 coal-fired plants since the start of December in an effort to reduce air pollution. Analysts expect this will accelerate the drawdown of LNG terminal inventories going into Q1-2021.

GE repowers oil field in Brazil

Dec 21 – GE Power Conversion has been awarded a contract by Sulzer Pumps UK to supply motors for four water injection pumps of a Floating Production Storage and Offloading (FPSO) vessel. The 8,000 kW, two pole motors will run at 3,600 rpm with a limitation of the starting current at 300%, enabling the oil and gas field operator to optimise the generator which supplies electricity on the FPSO.

VELO distributes Sapphire Metal 3D-Printers in the US

Dec 18 – California-based VELO3D has formed a distribution partnership with GoEngineer for Flow pre-print software, Sapphire metal AM printer, and Assure quality assurance and controls. GoEngineer will be VELO’s only distributor in the United States.

Indian electric boats to achieve zero emissions

Dec 17 – Cochin Shipyard, India’s largest shipbuilder, has asked Siemens Energy to equip India’s first fleet of 23 boats with electric propulsion drive train, integrated with batteries and vessel automation. Combining the electric propulsion drive trains, energy storage, and automation systems is expected to significantly reduce fuel consumption.

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