- Norte II Project to Produce 433 Megawatts of Power for Mexican Utility CFE
- Frame 7FA Gas Turbines to Provide High Efficiency, Operating Flexibility
- Contractual Service Agreement to Support the Plant's Reliable Operation
MEXICO CITY, MEXICO---August 30, 2011---GE (NYSE: GE) will supply two Frame 7FA Gas Turbines and long-term services for the Norte II Combined-Cycle Power Plant, an independent power project (IPP) located in the State of Chihuahua, Mexico, that will increase the region's supply of reliable, lower-emissions energy.
GE announced the Norte II project today at the Latin America Engineering, Procurement & Construction (EPC) Summit in Mexico City. This event attracts GE's EPC partners from throughout Latin America to discuss market and technology trends.
A consortium formed by South Korean companies Samsung Construction & Trading Corp., Korea Electric Power Corporation (KEPCO) and Techint Engineering and Construction in Mexico will operate the Norte II power plant, while the EPC contractors are Samsung Engineering and Techint Engineering and Construction. Scheduled to enter commercial operation in May 2013, Norte II will supply 433 megawatts of power to Comisión Federal de la Electricidad (CFE), the state-owned utility, for use in the northern part of Mexico.
"The Norte II project will utilize GE's advanced technology to produce reliable, efficient power with lower emissions than conventional power plants," said Changjin Jeong, general manager of KEPCO. "It demonstrates how IPP plants can a play a key role in providing power to support the continuing growth of the region's infrastructure."
"This contract reflects the confidence of our clients in GE's technology. Our turbines offer high reliability, availability and operating flexibility, making them an excellent fit for IPPs," said Marco Vera, general manager---thermal business for GE Energy Latin America.
A member of GE's well-proven F technology portfolio, 7FA Gas Turbines have compiled 25 million fired hours worldwide. The 7FA technology continues to evolve and today, this gas turbine offers greater than 57 percent thermal efficiency in combined-cycle operation. Each point of increased efficiency translates into significant savings in fuel cost per megawatt of energy produced.
In a combined-cycle power plant, exhaust heat from a gas turbine is used to generate steam to drive a steam turbine-generator and create additional plant output without an increase in fuel, leading to a significant reduction in emissions.
In addition to supplying gas turbines, GE will provide plant services under a long term contractual service agreement (CSA). CSAs cover the supply of parts, repairs and field services for planned and unplanned outages for gas turbine-generators and accessory equipment, along with performance guarantees. These agreements are structured to provide customers with predictable maintenance costs, while ensuring a steady revenue flow from power plant operations. To date, GE has long-term service agreements including CSAs in place at more than 700 sites worldwide.
About Techint Engineering & Construction
Techint Engineering & Construction provides engineering, procurement, construction, operation and management for large-scale projects at a global level. Thanks to its broad experience and its local roots in every country where it operates, Techint is able to develop high-complexity projects, from design to start-up, protecting the environment and ensuring the welfare of the communities. With more than 65 years of experience and employing 18,000 people worldwide, the company has completed more than 3,500 projects in America, Europe, Asia and Africa.
About KEPCO
KEPCO is one of the world's top 10 power utilities with an installed capacity of 65,383 megawatts and is highly acknowledged for its global-level quality service and technology, as illustrated by a 15.15 minute blackout time per household per year and 3.99 percent transmission and distribution loss rate. Building on this platform of technological expertise and experience, KEPCO has actively expanded its business operations to all corners of the world and also diversified its business arena to include nuclear, hydro and thermal generation, transmission and distribution, and energy resources development. Including its nuclear power plant project in UAE, KEPCO is currently undertaking 84 projects across the world. KEPCO is aiming to become a global top five energy and engineering company by 2020 through driving global business, leading green technology and advancing innovation and efficiency.
About Samsung Engineering
Samsung Engineering Co., Ltd (SECL) has over 40 years of proven expertise in engineering, procurement, construction, commissioning, operations, maintenance and project management of hydrocarbon, industrial, and infrastructure plants and facilities in worldwide markets. With a global force of over 7,000, Samsung Engineering is an internationally recognized leader in the engineering industry. Samsung Engineering has established solid partnerships based on technical expertise, extensive global networks, and committed human resources that are driven to achieve success in every project. The company strives to deliver quality projects on-time and safely, while creating maximum value for clients. For more information, please visit www.samsungengineering.com.
About GE
GE (NYSE: GE) is an advanced technology, services and finance company taking on the world's toughest challenges. Dedicated to innovation in energy, health, transportation and infrastructure, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company's Web site at www.ge.com.
GE also serves the energy sector by providing technology and service solutions that are based on a commitment to quality and innovation. The company continues to invest in new technology solutions and grow through strategic acquisitions to strengthen its local presence and better serve customers around the world. The businesses that comprise GE Energy---GE Power & Water, GE Energy Services and GE Oil & Gas---work together with more than 90,000 global employees and 2010 revenues of $38 billion, to provide integrated product and service solutions in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; as well as other alternative fuels and new grid modernization technologies to meet 21st century energy needs.
Howard Masto
Masto Public Relations
[email protected]
1-518-786-6488
Ken Darling
Masto Public Relations
[email protected]
1-518-786-6488
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Masto Public Relations
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