Raytheon takes India contract
Raytheon Engineers & Constructors has announced a letter of intent for a turnkey power plant project in India worth approximately (US)$480 million. The award is for a 525 MW coal-fired power plant in Tuticorin in the state of Tamil Nadu. The plant will be built for SPIC Electric Power Corporation Ltd. (SEPC).
The group that will design and build the plant consists of Jurong Engineering Ltd. of Singapore, Deutsche Babcock Energie und Umwelttechnik AG of Germany and Raytheon Engineers & Constructors. Raytheon will serve as project manager, Deutsche Babcock will supply the boiler and auxiliary equipment and Jurong Engineering will provide construction services.
SEPC will sell the electricity to the Tamil Nadu Electricity Board, the state-owned utility. The plant, which is anticipated to enter operation in 2001, will be built adjacent to a 1,050 MW power plant owned and operated by the Tamil Nadu Electricity Board.