Projects & Finance

Malta’s D3 power plant, formerly known as the BWSC plant, has faced repeated delays and full conversion to gas is now understood to take up to 12 months. Only four engines will initially converted to Wärtsilä 50DF dual fuel, while the others will continue to run on gasoil.

Technical consultancy E3 has worked as Independent Engineer on behalf of the lenders for the recent $780 million financing of Tenaska's Westmoreland Generating Station, a 925 MW combined-cycle gas power plant to be built near Pittsburgh.

Though works on the 1,060 MW Genesee 4&5 units continue, Calgary-based Enmax is abstaining from further investments in power generation until there is more clarity about the government’s climate strategy – notably on plans for an accelerated coal phase-out by 2030.

Four Siemens H-class 400 MW gas turbines have been shipped to Egypt and two of them were already placed on their foundations at the Beni Suef power plant in Egypt. The plant will start operations in simple-cycle mode to start supplying electricity to the grid as early as winter 2016/2017.

Investment interest of the US Exim Bank focuses on three LNG-based power projects in Pakistan. In a letter to the finance ministry, the bank showed interest in providing financing for the Balloki, Bhikki and Haveli plants with a combined capacity of 3,600 MW.

Oman Power and Water Procurement (OPWP) is gearing up to build six water and electricity projects in the kingdom before the end of the decade. To that end, OPWP has just awarded a contract for the 3,219 MW Ibri Sohar-3 project to a consortium led by Mitsui & Co., Ltd., ACWA Power, and Dhofar International Development and Investment Holding.

Panda Power Funds, headquartered in Dallas, Texas, has awarded Siemens a 23-year service and maintenance contract for its upcoming 1,124 MW Panda Hummel Station in Pennsylvania. Siemens Power Diagnostics will be used under the deal to improve operations of the combined-cycle plant.

Proposals for a new gas-fired power plant in Cambria County in Pennsylvania in the eastern U.S. have moved forward with transfer of land to the local development agency.

Bangladeshi authorities have approved in-principle plans for the first phase of a 3,000 MW gas-fired power plant in the Dhaka region of the country. The plant will be developed by Indian energy company Reliance Power and the first phase of construction will create a 750 MW unit. 

The expected startup of the Los Ramones Phase II pipeline this month is expected to drive a switch from fuel oil to natural gas for Mexican power plants, according to analyst firm BNEF. 

U.S. electricity provider Utah Municipal Power Agency (UMPA) has purchased the West Valley Generation Station in Salt Lake County in the state of Utah.

Authorities from the Federal Energy Regulatory Commission (FERC)  in the U.S. have approved plans to build infrastructure to support the Hummel gas power plant project in Pennsylvania.

Spain-based utility Iberdrola has contracted Mitsubishi Hitachi Power Systems Americas (MHPSA) to supply two J-series gas turbines and a steam turbine for the 887 MW Noroeste Power Plant. The combined-cycle plant is due to be online in January 2019.

Umm Al Houl Power, a project vehicle set up by QWEC, Qatar Petroleum , Qatar Foundation and K1 Energy, has awarded a 25-year service agreement to Siemens for the planned Umm Al Houl combined cycle power plant. The deal marks Siemens’ second power gen services order from Qatar in past six months.

Brunswick Power Station, the latest addition to Dominion Virginia Power's generation fleet, is up and running since late Monday. With 1,358 MW installed capacity, the combined-cycle gas turbine plant can supply enough electricity to power 325,000 homes.

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