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Contracts for $1 bln U.S. Longview plant announced

31 January 2007 -- The winners of a $1 billion construction project in West Virginia were announced yesterday. Siemens Power Generation, Aker Kvaerner Songer, Inc. and Foster Wheeler won bids from Longview, Power LLC (Longview), a subsidiary of GenPower Holdings, L.P., for the 700 MW Longview ultra-supercritical coal-fired plant to be built in Maidsville, W.V.

According to Siemens PG, ultra-supercritical steam conditions, at a steam temperature just below 600 degrees Celsius and a high pressure of approximately 250 bar, enable high plant efficiencies. The scope of supply for Siemens PG comprises turbine island design, as well as major turbine island equipment, including a steam turbine, generator, plant control system and an advanced air quality control system to help reduce the emissions of particulates, sulfur dioxide, mercury, and sulfur trioxide. The value of the Siemens PG project is over $405 million.

Foster Wheeler North America Corp.'s portion of the project is valued at approximately $200 million and calls for Foster Wheeler to provide Longview with a 695 (net) MWe once-through pulverized coal (PC) steam generator utilizing Siemens BENSON vertical tube supercritical steam technology. The steam generator will fire local bituminous coal from the adjacent MEPCO coal mine and provide steam to a single supercritical reheat turbine.

As a consortia partner with Siemens, Aker Kvaerner Songer, Inc., will provide construction services and materials for the turbine island and boiler island. Aker Kvaerner's individual contract is valued at approximately $654 million.

Site construction is scheduled to begin immediately and operation is slated for spring of 2011.




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