Saudi Aramco is planning to invest $1bn to develop a series of six power stations to meet its own energy demands, according to MEED.
The move reflects the state oil company’s concerns over the ability of Saudi Electricity Company to deliver the necessary power supply.
Three plants could be expansions of plants owned by Aramco’s current power supplier, the Tihama Power Generation Company, which has four plants in operation and produces 1076 MW of power for Aramco.
Aramco has appointed HSBC as financial adviser for developing the six plants. It is as yet unclear if the new plants will be tendered as one project or three individual projects.
Iraq to open bids for 2750 MWà‚
Iraq will soon invite bids to install and run 22, 125 MW gas turbines that would raise its power generating capacity by 30 per cent in the next few years, an Electricity Ministry official told Reuters.
The ministry is seeking firms to install and operate turbines it has purchased from General Electric. Winning bidders would build plants in four provinces and sell power to the state.
Firms would be offered delayed payment and investors would operate plants for 20 to 25 years. The turbines each cost €30m ($40m) and were among 72 bought in 2008 from GE and Siemens in deals worth more than $5bn. Six from Siemens and 20 from GE are already in Iraq.
Egypt, World Bank sign $820m loan deals for CCGT, wind projects
Egypt and the World Bank have signed two loan deals totalling $820m to finance construction of a gas fired power plant and a wind farm.
A $600m agreement is for a 1500 MW combined-cycle gas turbine power plant in North Giza, near Cairo, and $220m is for a wind power project.
Egypt boasts some of the world’s best wind power resources, particularly in the Gulf of Suez, where at least 7200 MW could be developed by 2022, said the World Bank.
The government of Egypt has invited companies to bid by 2 January, 2011, to build the Giza North plant. Construction is expected to start from March 2011 for completion by 2014.
The plant is expected to cost about $1.4bn and funding includes a €300m ($390m) loan Egyptian Electricity Holding Company signed with the European Investment Bank.
Turkish firms win bids worth $900m for three plants in Iraq
Three Turkish companies have won contracts to install 20 gas turbines at three power stations in Iraq, according to Kuwait News Agency (KUNA).
“The projects, involving $900m investments, aim to generate up to 2500 MW,” an Iraqi Ministry of Electricity spokesman told KUNA. The three firms are: Enka Insaat ve Sanayi, a construction conglomerate based in Instanbul; Calik Enerji holding company; and Eastern Lights Enerji, said the ministry spokesman.
The electricity ministry had previously announced tenders for launching the three gas stations ” Al-Khariat in Karbala Governate, Nineveh in Nineveh Governate, and Al-Quds in Baghdad.
Egypt and Saudi Arabia initiate undersea grid linkage survey
A marine survey to find a route to link Egypt’s and Saudi Arabia’s power grids was set to get under way at the end of November, according to Egypt’s Minister of Electricity and Power.
Surveying in the Gulf of Aqaba would take about 20 days and consultancy services, design work, and agreements on implementation would be completed shortly after, said Hassan Younes, reported the Saudi Press Agency.
The project aims to establish 3000 MW of capacity for exchanging electricity between the countries through direct current electrical lines.
Egypt would be expected to send Saudi Arabia electricity in the afternoons, while the flow would reverse in the evenings, reflecting differing peak hours.
Foster Wheeler to supply 100 MW solar power plant to Abu Dhabi
Foster Wheeler has won a contract to design and deliver equipment for the proposed 100 MW Shams-1 solar power plant at Madinat Zayed, near Abu Dhabi in the UAE.
The equipment for the concentrated solar thermal power plant will be delivered during the third quarter of next year. Foster Wheeler has approvals to proceed with the project immediately.
Shams-1 is being developed by Total, Abengoa and Masdar, which has 60 per cent in the $600m venture, while its partners each hold 20 per cent. Shams-1’s 768 parabolic mirrors will extend over 2.5 km2.
Metka, Ansaldo venture wins $950m contract in Syria
A Greek/Italian joint venture has won a build, own and operate contract for a 724 MW combined cycle natural gas fired plant from Syria’s public electricity generation company.
Greece’s Metka and Italy’s Ansaldo Energia will build the plant on an EPC basis in the Deir Azzour region in northeast Syria.
Metka holds 76.5 per cent of the joint venture and Ansaldo Energia 23.5 per cent. Ansaldo Energia will supply the plant with two AE94.3 A4 turbines, as well as generators and auxiliary systems, and one RT30 steam turbine with associated generator and auxiliary systems.
Commercial operation is due within 40 months from the opening of a letter of credit, said Metka, which now has 90 per cent of its backlog outside Spain, including two projects in Turkey with a total budget of €1bn ($1.3bn) and two projects in Syria with a total budget of €1.3bn.
GE Frame 9E turbines picked for Arbil plant in northern Iraq
GE is to supply three Frame 9E gas turbines and generators for the 375 MW expansion of the Arbil power plant, in Iraq’s Kurdistan region.
The new GE Frame 9E gas turbine-generators for the Arbil site expansion are expected to begin shipping at the end of 2010, with the first unit scheduled to start operating in mid 2011. Natural gas will be the primary fuel, with distillate as a backup.
GE was contracted to supply the Arbil plant by Mass Global Investment Company, an independent power producer for which GE is providing equipment for two other projects that are under way in the region.