Power
Doosan Bags Indias 4,000-Megawatt Project and Powers Up in Dubai
The project, which will provide power for four million people in five Indian states, will consist of five 800 MW generating units. This will
Released Monday, May 21, 2007
Researched by Industrial Info Resources (Sugar Land, Texas). The first power station in Indias Ultra Mega Power Project (UMPP) will be built by Doosan Heavy Industries and Construction (Seoul, South Korea). The $1.12 billion EPC (engineering+procurement+construction) contract for the project was signed with Tata Power (Bombay, India) and covers the complete boiler island end-to-end scope for the 4,000 MW generating plant at Mundra, which will join a small global group of 4,000 MW plus coal- fired power stations.
The project, which will provide power for four million people in five Indian states, will consist of five 800 MW generating units. This will see Tata Power contributing technological know-how for supercritical 800 MW units after the company pioneered 500 MW units in India. The contract covers the interface scope for the boiler and includes supply of the critical steam generator, air and flue gas system. Doosan will supply auxiliaries, fuel oil systems, electrostatic precipitators and boiler field instrumentation and the company will also execute civil works for the boiler, ESP area and for complete services including customs clearance, inland transportation, site handling, erection, commissioning and performance testing. The contract covers 45% of the total ordering on the project.
Tata Power has announced the acquisition of Coastal Gujurat Power, Limited. This will be a special purpose vehicle formed for the Mundra UMPP. Comprehensive agreements have been signed which allow Tata to go ahead with project development activities. The Indian government is mulling the prospect of building nine mega power plants with an investment of $30 billion by 2016.
Doosan Heavy, with a strong global expansion strategy, sees the Mundra contract as putting the company in a strong position in Indias construction market and in competition for similar power projects in India and Southeast Asia. The company is targeting $8 billion in orders this year. It has booked $1.5 billion for Dubais Jebel Ali 1 and 2 projects (a total of 2,000 MW) in March and May and is ready for Dubais 3,000 MW project on which the bidding starts in September. Dubai is planning to spend $30 billion to raise its power capacity to 13,250 MW by 2015.
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