PARIS, Jan. 15, 2002 (PRIMEZONE) -- ALSTOM (NYSE:ALS) has been awarded a contract valued at approximately 280 million euros for the second phase of Senoko Power Station Stage I Repowering. This order is placed by Senoko Power Ltd., the largest power generation company owned by TEMASEK Holdings (Pte) Ltd., Singapore.
In 1999, Senoko Power Ltd. awarded a turnkey contract to ALSTOM for the first phase repowering of Senoko Stage I conventional steam plant. The first of three steam turbines was repowered in this first phase. Under that contract ALSTOM is also providing maintenance services for the facility, under a six-year contract.
The Phase I contract increased the output of the repowered unit from 120 megawatts to 360 megawatts and will commence commercial operation this month. The Phase I repowering project involved the modernization of the existing steam turbine and the replacement of an oil-fired boiler with an ALSTOM GT26 advanced gas turbine and heat recovery steam generator.
In Phase II ALSTOM will supply two GT26 gas turbines, two heat recovery steam generators and a water treatment plant. ALSTOM will upgrade the remaining two units, bringing the total Stage I plant output to approximately 1,100 megawatts. Maintenance services are also provided under a six-year agreement. The two new units will enter commercial operation in 2004 and 2005. Natural gas will be the main fuel with diesel oil as back-up.
Alexis Fries, President of ALSTOM's Power Sector, remarked, "This order is one more confirmation that the GT26 has gained the confidence of customers who know it best. Now that the GT24 and GT26 fleet has achieved more than 200,000 operating hours, its reliability and performance is proving to be competitive and of significant value to power generators who seek to further their own competitiveness in deregulated markets."
The GT26 gas turbine offers an optimal solution for this repowering project. Its sequential combustion provides excellent fuel efficiency and high power density combined with high exhaust gas energy for the combined-cycle process, which is of importance in cases like Senoko where site space is at a premium.
The repowering of Senoko is an excellent example where existing plant assets can be upgraded to state-of-the-art performance levels, in this case increasing the competitiveness of Senoko Power in the deregulated Singapore power market.
ALSTOM is the global specialist in energy and transport infrastructure. The Company serves the energy market through its activities in the fields of power generation, power transmission and distribution and power conversion and the transport market through its activities in rail and marine. Following the sale of its electrical contracting activity, finalized on July 20, 2001, ALSTOM has annual sales in excess of 22 billion euros and employs 120,000 people in over 70 countries.
The Company is listed on the Paris, London and New York stock exchanges