Siemens to build combined cycle power plant in Thailand
Erlangen, Germany, October 25, 2006 - An international Siemens-led consortium has been awarded a major contract from Thailand for the turnkey erection of a combined cycle power plant with a capacity of 700 megawatts (MW). Customer is the Electricity Generating Authority of Thailand (EGAT). Construction of the plant is scheduled to be completed in March 2009.
The new combined cycle power plant, Bang Pakong CCPP 5, to be constructed by a consortium with Marubeni Corp., Japan, headed by Siemens PG, will be incorporated in EGAT’s Bang Pakong power plant, located about 60 kilometers Southeast of Bangkog in the Chachoengsao province. As general contractor, Siemens will provide two high-efficiency gas turbines, one steam turbine along with the associated electrical and instrumentation & control systems. Marubeni will supply two heat recovery steam generators, the balance of plant, civil works and installation services. Primary fuel of the new unit will be natural gas, with oil as secondary fuel.
Presently installed power generating capacity in Thailand is approximately 31,000 megawatts (MW) and demand for electricity is growing by up to seven percent annually as major industries e.g. in the fields of metalworking, textile, paper and rubber need more power for their production facilities. The government in Thailand therefore plans to increase the installed capacity to around 44,000 MW by the year 2015.
Siemens PG has been active on the market in Thailand for the past three decades and has executed several projects. In 2005 Siemens PG in a consortium with Marubeni secured the order for turnkey construction of the Songkhla power plant. “Songkhla and the new power plant in Bang Pakong will make an important contribution towards meeting the country’s growing power demand in an economic and environmental compatible manner,” said Lothar Herrmann, president and CEO of Siemens Ltd., Thailand.
The Power Generation Group (PG) of Siemens AG is one of the premier companies in the international power generation sector. In fiscal 2005 (which ended September 30), Siemens PG posted sales amounting to approximately EUR8.1 billion and received new orders totaling EUR11 billion. Group profit amounted to EUR951 million. On September 30, 2005, PG had a work force of approximately 33,500 worldwide.
Reference Number: PG 200610.002 e_bp
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