
SIEMENS AND SAMSUNG BUILD AND CONVERT SINGAPORE COGENS . . .
Siemens Power Generation (SPG) (Munich, Germany), with consortium partner Samsung Corporation, will construct an 800-MW cogeneration power plant on Jurong Island, Singapore and convert two existing plants to cogeneration. In 2002, SPG and Samsung built two 370-MW combined-cycle plants for PowerSeraya (PS) at the same site and these units will undergo conversion to cogeneration.
PS, a subsidiary of the state owned investment company Temasek Holdings, has awarded the consortium a contract worth a total of $700 million of which Siemens will have a share worth over $500 million. The total value of the contract includes a ten year service agreement.
The new plant, scheduled to start operation in 2010, will be built on the site of the Pulau Seraya Power Station and will incorporate two SGTS-4000F gas turbines. SPG’s scope of supply will include two steam turbines and two hydrogen cooled generators, the heat recovery steam generators (HRSG) and the entire electrical and ASPPA-T3000 instrumentation and control equipment. The high efficiency cogeneration combined cycle plant with an energy utilization factor of over 80 percent will supply both heat and power. The plant will feed power into the public grid and simultaneously supply process steam to an adjacent refinery operated Petrochemical Corporation of Singapore Private Limited. With the two new units and the conversions PS will have four cogeneration combined-cycle power plants on Jurong Island.
Klaus Voges, President of SPG, said, “PS is one of the largest power producers in Singapore and meets approximately 30 percent of the country’s power demand. The high-efficiency cogeneration plant will make a significant contribution toward meeting Singapore’s rising power demand in an economical and environment friendly manner.”
A number of international power companies are keeping a close watch on Temasek’s plans to sell PowerSeraya by the end of 2008 and expansion plans that will up the value of the company which analysts currently put at around $1.6 billion. Temasek is also looking to sell Senoko Power and Tuas Power. (Source: Industrial Info Resources)