Consortium secures financing for 420MW Tessenderlo CCGT project
A development consortium consisting of International Power, Siemens Project Ventures and Tessenderlo Chemie has secured long term financing for the proposed T-Power 420MW CCGT greenfield generating project located at Tessenderlo,in eastern Belgium.
Total cost of the project is estimated at EUR448 million. The three consortium partners will hold equal owenership shares, with Siemens acting as turnkey EPC contractor and International Power manging ongoing plant poerations under a 15-year ocntract.
The combined cycle generating facility will be anchored by a Siemens SGT4000F gas turbine with ISO-rated output of 416MW at 58.2% efficiency in a 1x1 CCGT configuration.
Current plans foresee commercial operations commencing in 2011,with the station's power output to be purchased by Essent Trading Interantional S.A. under a 15-year tolling agreement with a 5-year extension option.Under the terms of the agreement,Essent will supply natural gas fuel for the generating plant.
Source:Gas Turbine World magazine
A development consortium consisting of International Power, Siemens Project Ventures and Tessenderlo Chemie has secured long term financing for the proposed T-Power 420MW CCGT greenfield generating project located at Tessenderlo,in eastern Belgium.
Total cost of the project is estimated at EUR448 million. The three consortium partners will hold equal owenership shares, with Siemens acting as turnkey EPC contractor and International Power manging ongoing plant poerations under a 15-year ocntract.
The combined cycle generating facility will be anchored by a Siemens SGT4000F gas turbine with ISO-rated output of 416MW at 58.2% efficiency in a 1x1 CCGT configuration.
Current plans foresee commercial operations commencing in 2011,with the station's power output to be purchased by Essent Trading Interantional S.A. under a 15-year tolling agreement with a 5-year extension option.Under the terms of the agreement,Essent will supply natural gas fuel for the generating plant.
Source:Gas Turbine World magazine
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