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 Premium News Article
Statkraft to Develop 430-Megawatt CCGT Power Plant in Germany
GALWAY, IRELAND--November 18, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Statkraft AS (Oslo, Norway) plans to develop a second power plant at the Knapsack Industrial Estate in Hurth, Germany. The power plant, which will have a capacity of 430 megawatts (MW) and will cost about 300 million euros ($446 million), is expected to go online by 2012. Statkraft initiated a land survey early this year, and licensing procedures are now under way. The final investment decision is likely to be made by mid-2010. The combined-cycle gas-turbine (CCGT) plant will be built a 5-hectare area within the estate, where Statkraft has been operating an 800-MW unit since 2007.
Other companies featured: Siemens AG (NYSE:SI), RWE AG (OTC:RWEOY), E.ON AG (OTC:EONGY), OAO Gazprom (OTC:OGZPY)
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Industry Segment: Power
Word Count: 463 Words
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