Alstom wins $983m Saudi supply contract
Riyadh, May 5, 2013
Alstom has been awarded a major contract worth 750 million euros ($983.4 million) by Saudi-based Al-Toukhi Company for Industry, Trading & Contracting for supply of key equipment to its HFO-fired steam power plant in Yanbu.
The upcoming Yanbu 3 power and desalination plant located on the Red Sea coast in the western part of Saudi will be one of the country’s first supercritical power plants to run on heavy fuel oil.
This investment is part of Saudi Arabia’s objective to expand its power generation base while minimising impact on the environment.
As per the deal, Alstom will be responsible for the basic engineering of the power block, advisory services during detailed engineering and procurement, supervision services during construction and commissioning and delivery of main equipment for 5 x 620 MW units including the steam turbines and generators, the HFO-fired supercritical boilers, electrostatic precipitators and the flue gas desulphurization system.
The plant is due to enter commercial operation in 2016, said a statement from Alstom.
Al-Toukhi Company is leading the consortium in charge of the engineering, procurement and construction (EPC) of the plant for the Saline Water Conversion Corporation (SWCC), one of the leading power and water utilities in the region.
The project is of great significance for SWCC and for Saudi Arabia in general. The plant will produce 3100 MW power to meet the increasing electricity demands as it will supply sweet water and feed the grid in the western part of the country where the cities of Jeddah, Yanbu and the holy cities Mecca and Madinah are located.
The balance power and extracted steam will be fed into the associated new Yanbu 550’000 cu m/d desalination plant which will be a key supplier of water to the city of Madinah.
Commenting on the win, Andreas Lusch, senior VP for Alstom’s steam business said, "The Yanbu 3 project will add 2700 MW of cleaner high-efficiency power to the Saudi grid and steam to a new desalination plant thanks to our market-leading supercritical technology combined with Alstom’s ability to integrate equipment into complete and complex power projects."
Alstom has equipped over 20 per cent of Saudi’s installed power generation base. Its steam turbine technology also features in Shoaiba – the region’s biggest power plant and aptly called the ‘Giant of the Middle East’.
Its environmental control systems in operation at projects like Rabigh IPP, Shoaiba 3 and Yanbu 2 are enabling the country to reduce power plant emissions.
A world leader in supercritical and ultrasupercritical steam power plant technology, Alstom has already supplied or has under construction over 36 GW capacity globally including projects in South Africa, Germany, Poland, Malaysia and China.-TradeArabia News Service