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Projects/Contracts 2003 P8



Hyundai set to undertake Iraq power plant rehabilitation
Hyundai Engineering & Construction Co. said Monday it has obtained $400m worth of orders for the renovation and repair of power generation facilities in Iraq.

VA Tech arranges financing of Bulgarian hydro plant under Kyoto mechanism
Only a few weeks after the signing of €50m ($59m) supply contracts between VA Tech Hydro and Bulgarian state electricity company Natsionalna Elektricheska Kompania EAD (NEK), today, the Credit Agreements for the financing of the Pilot Project Hydro Electric Power Plant, Tsankov Kamak, arranged by VA Tech Finance, were signed in Vienna. The financing of the Tsankov Kamak Project is backed up by Joint Implementation mechanisms under the Kyoto Protocol.

Talisman Energy Ltd. awards major turbine maintenance contract to Wood Group
Wood Group Light Industrial Turbines Ltd (WGLIT), part of the Gas Turbine Services business of John Wood Group PLC, has been awarded a long-term contract from Talisman Energy (UK) Limited to provide maintenance services for 45 gas turbines operated on seven Talisman North Sea assets.

Alstom awarded €250m contract in Sudan
Alstom has just been awarded a contract by the Ministry of Irrigation and Water Resources of the Republic of the Sudan to supply the electro-mechanical equipment for the Merowe Dam Project, located on the Nile River. The value of the contract is in excess of €250m ($293m).

American Superconductor delivers grid stabilization product to TVA
American Superconductor Corporation announced Wednesday that it has delivered to the Tennessee Valley Authority the first SuperVAR dynamic synchronous condenser, a new product that stabilizes grid voltages, increases service reliability and can help maximize transmission capacity.

Caterpillar announces start up of Tunisian power plant
Caterpillar Inc. announced Wednesday that its subsidiary, Caterpillar Power Ventures, has begun commercial operations at a 27 MW power generation plant located in the coastal town of Zarzis in Tunisia, North Africa.

Marubeni site Direct FuelCell power plants at Seiko Epson
The Marubeni Corporation and FuelCell Energy, Inc., announced Tuesday the siting of two Direct FuelCell (DFC) power plants at the Seiko Epson facilities in the City of Ina, Nagano Prefecture, in Japan.

Riley Power working with Gas Technology Institute on developing and testing pulverized coal preheater process for NOx reduction in pulverized coal-fired units
Riley Power Inc. (RPI), located in Worcester, MA, a subsidiary of Babcock Power Inc. (BPI), based in Burlington, MA, announced that it is working under a subcontract with the Gas Technology Institute (GTI) to develop and test-fire GTI's Pulverized Coal Preheater process for pulverized coal fired boilers.

Southern Union Co. breaks ground for Trunkline LNG expansion
Southern Union Co. broke ground Monday for expansion of its liquefied natural gas (LNG) terminal in Lake Charles, La.

Xcel Energy proposes investing $164 million in new generating facilities in Minnesota and South Dakota
Xcel Energy proposed investing approximately $164 million in generating capacity in Minnesota and South Dakota to ensure adequate electricity supply for its Upper Midwest customers on the hottest days of the year.

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