Siemens has been awarded €260 million by state-owned utility Azerenerji to build a turnkey combined cycle power plant in Azerbaijan.
The Siemens Power Generation Group (PG) has been awarded €260 million by Baku-based state-owned utility, Azerenerji to build a turnkey combined cycle power plant in Azerbaijan.
In Sumgait, approximately 30 kilometres northwest of the Azerbaijani capital Baku, Siemens will build a combined cycle power plant with a capacity of 500 megawatts. The seawater-cooled plant is to be built at an existing power plant site on the Caspian Sea.
For the turnkey project Siemens PG will supply two gas turbines, one steam turbine and three generators. The scope of supply also includes the entire mechanical equipment with two heat-recovery steam generators, plus electrical and I&C equipment.
Following the start of commercial operation in the autumn of 2007, the natural gas-fired power plant will feed electricity into the country’s public grid.
The recovery of Azerbaijan
’s extensive oil and gas reserves has resulted in significant growth in the country. In the last seven years the country’s gross domestic product has more than doubled and power demand is increasing at a rate of approximately five percent per annum.