2011

Marubeni Awarded Two Combined Cycle Power Plant Projects in Thailand

Jun. 20. 2011
Marubeni Corporation


Marubeni Corporation (“Marubeni”), in partnership with Siemens Aktiengesellschaft, Germany and Siemens Limited, Thailand (“Siemens Group”), has jointly received Letter of Intent  for awarding two projects simultaneously from the Electricity Generating Authority of Thailand (EGAT for the construction of Chana Combined Cycle Power Plant Block 2 and Wang Noi Combined Cycle Power Plant Block 4.

The total power generation capacity of these two power plants is approximately 1,600MW, and the EPC contracts will be worth around one billion US Dollars (around 83 billion Japanese Yen). Marubeni's highly-reputable presence in the market, together with the Siemens Group's superior technology resulted in a most competitive bid which led to the unprecedented double award of these two major projects.

Following the Chana Combined Cycle Power Plant Block 1 in 2005 and Bang Pakong Combined Cycle Power Plant Block 5 in 2006, with the award of these two projects Marubeni and Siemens Group have succeeded in a total of 4 out of the 6 large combined cycle power plant projects developed by EGAT after the economic crisis in the late nineties. Marubeni's total installed capacity in Thailand is now approximately 7,000MW, representing about 25 percent of the country's total installed capacity.

The two projects are located in Chana district, Songkhla province, southern part of Thailand, and Wang Noi district, Ayutthaya province, in the northern suburbs of Bangkok, respectively. The plants boast high-efficiency and designed according to strict environmental standards. The scope of Marubeni and Siemens Group for these projects is Full Turn-Key including engineering, procurement, construction and commissioning. Main equipment such as gas turbines, steam turbines and generators will be supplied by the Siemens Group, while Marubeni is in charge of the heat recovery steam generators, balance of plant equipment and civil/installation works.

The Thailand power sector shows steady growth where several new and large scale projects are under planning and development.  Marubeni, with its strong presence in the market, intends to actively pursue further opportunities in various power plant projects.

Note: EGAT, while planning to further enhance its generation capacity starting with these two projects in view of the country's healthy economic growth and increase of energy demands of more than 4%/annum, is also supporting Japan's recovery efforts from the recent earthquake and tsunami disaster by immediately agreeing to lend two gas turbine generating facilities.  

 
Summary of Chana Combined Cycle Power Plant Block 2
 

Project Name: Chana Combined Cycle Power Plant Block 2 Project
Client: Electricity Generating Authority of Thailand (EGAT)
Fund: EGAT’s own fund
Type of Power Plant: Gas-fired Combined Cycle, 782MW (1-1-1 x 2 trains**)
  ** (Gas Turbine Generator× 1 + Heat Recovery Steam Generator× 1 + Steam Turbine Generator×1)
   x 2 trains
Planned Site: At existing Chana Power Plant, Chana District, Songkhla Province, approx 1,000km
  south of Bangkok (Capacity of the existing power plant at Chana Power Plant is one unit of 730MW,
  combined cycle power plant supplied by Marubeni/Siemens).
Partner: Siemens Aktiengesellschaft, Germany and Siemens Limited, Thailand
Contract Price: Approximately 43.5 billion Japanese Yen (20 billion Japanese Yen for Marubeni portion)


Summary of Wang Noi Combined Cycle Power Plant Block 4
 

Project Name: Wang Noi Combined Cycle Power Plant Block 4 Project
Client: Electricity Generating Authority of Thailand (EGAT)
Fund: EGAT’s own fund
Type of Power Plant: Gas-fired Combined Cycle, 769MW (2-2-1x1 train**) 
  ** (Gas Turbine Generator× 2 + Heat Recovery Steam Generator ×2 + Steam Turbine Generator× 1)
  x 1 train
Planned Site: At existing Wang Noi Power Plant, Wang Noi District, Ayutthaya Province, approx
  72km north of Bangkok (Existing power station has three units of combined cycle power plants with
  a total of 1,910MW capacity. All units supplied by Mitsubishi)
Partner: Siemens Aktiengesellschaft, Germany and Siemens Limited, Thailand
Contract Price: Approximately 39.5 billion Japanese Yen (18 billion Japanese Yen for Marubeni portion)

 
Summary of EGAT
 

Foundation: In 1969 (currently under the Ministry of Energy in Thailand)
Representative: Mr. Sutat Patmasiriwat, Governer
Generation Capacity: Approximately 15,000MW (approx. 49% of the total generation capacity in Thailand)
Sales Volume: 405 billion THB (approx. 1,082 billion Japanese Yen) in 2010
Business: Construction/Possession/Operation of Power Plant and Equipments for Transmission and
  Transforming, and electric power selling


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