420 MW ALSTOM GT26 GAS - Kusha Industry...

420 MW ALSTOM GT26 GAS

COMBINED CYCLE POWER PLANT

420 MW ALSTOM GT26 GAS

COMBINED CYCLE POWER PLANT

Kusha Industry Co.Kusha Industry Co.Kusha Industry Co.

We Offer: Brand New Power Plant , Canceled Offer from Africa !!Competive price on Request

420 MW GT26 320MW Natural Gas Generator.- Manufacturer: Alstom- Condition: Brand new, made in 2013- Plant installed capacity : 420 MW- Type of plant: Combined Cycle (Gas & Steam)– Gas Turbine : Alstom GT26 320MW– Steam Turbine : Alstom 126 MW– Heat Recovery steam generator– Rest of the Support Equipment- Efficiency: 60% (the best a CC gas power plant can get)- Fuel required: Natural Gas

Power Plant Proposal

• Manufacturer: Alstom• Condition: Brand new, made in 2013• Plant installed capacity : 420 MW• Type of plant: Combined Cycle (Gas & Steam)– Gas Turbine : Alstom GT26 320MW– Steam Turbine : Alstom 126 MW– Heat Recovery steam generator– Rest of the Support Equipment• Efficiency: 60% (the best a CC gas power plant can get)• Fuel required: Natural Gas• Current stage of the plant operation: partially installed, not yet finishedcommissioning and not used at all• Warranty: The plant has not been used, therefore the manufacturer warrantystill exists andinitiates from the day the plant first starts working for up to 12 months inoperation.(Manufacturer’s warranty covers a variety of issues).– Warranty can be extended and be negotiated with the manufacturer.• Plant Life: 25 years (assumption)• Time to build: 1.5 – 2 years post delivery.• Maintenance: Minimal required (assuming the plant will be located in anoptimum place).


Power plant description


• With 6 million fired hours and 98,000 starts, the GT26 turbine has proven tobe one of the most reliable gas turbine solutions on the market.• Unique sequential combustion technology,annular combustors and patentedwelded rotor design deliver both high efficiency and lower emissions• Online switchable operating mode increases availability and lowersmaintenance costs by lengthening inspection intervals• Wide load range efficiency with nearly constant levels from 100% to 80% andhigh efficiency below 80%• Superior fuel versatility• Welded rotors for lower maintenance• The sequential combustion concept results in a gas turbine with extremelyhigh power density enabling the smaller blade dimensions of GT26 machines.

Gt26 Turbine


About the manufacturer : Alstom

• A French global power generation company founded in 1928.• Currently listed on the French Stock Exchange (Euronext: ALO).• Headquartered in Levallois-Perret, west of Paris , the company had annualsales of €20.3 billion, and employed approximately 96,000 people in around100 countries.• Alstom is active in the fields of electrical generation and transmission, withproducts including turbines for hydroelectric, gas, coal and nuclear-poweredplants, as well as large-scale electrical grid infrastructure, solar-thermal, andgeothermal systems.• Alstom is also a major rail vehicle manufacturer, active in the fields ofpassenger transportation, signalling and locomotives, with products includingthe AGV, TGV, Eurostar, and Pendolino high-speed trains, in addition tosuburban, regional and metro trains, and Citadis trams.• Top manufacturers like GE, Siemens & Mitsubishi compete and placedtakeover bid attempts on Alstom, due to its sheer quality and service provided.• After many unsuccessful attempts, GE acquires the Energy operations ofAlstom. GE will now conduct joint ventures with Alstom and for the time being,only the railway business will continue to be conducted exclusively by Alstom.• GE paid €17bn cash to acquire Alstom.


Alstom Gas power plants

• Vast experience & knowledge in the simple and combined cycle gas powerprojects based on technology for turbines and all other components.• Fully adapted to power markers that require more flexibility, whether theyare designed for both base load and part load or even daily cycling.• The plants are designed to provide outstanding operational flexibility andhigh plant efficiency while minimising the environmental impact.• Various applications including co-generation, district heating, desalinationand special industrial applications like aluminium & steel making industry.• Alstom is also working to offer hybrid solutions to its customers. The ability ofAlstom gas turbines to be flexible in part/low-load and base-load allows for theseamless integration of solar renewable solutions within combined-cycle powerplants. (triple combined can bepossible too).• In combined-cycle power plants, the thermal design of Alstom steam turbinesdelivers a highly efficient heat recovery cycle and offers excellent operationalflexibility.• Alstom offers a complete range of Heat Recovery Steam Generator (HRSG),optimised for cycling and constructability that provide high performance in almodes of operation. More than 750 HRSG behind gas turbines of 50 MW andabove have been supplied by Alstom, including drum-type and once-throughHRSG, thus providing the Group with unparalleled experience in this fieldl


Current Situation

• Current Plant location: Major country in Europe (As per news, France is apossibility,please see the brochure attached). However, Alstom plants havebeen used in the UK,Germany, Netherlands and Ireland.• Plant Owner: A large multinational utility company (possibly GDF Suez ifFrance). The company could be another one.• Reason for sale: The company initially expected a steep rise in the short termelectricity demand, but due to the sudden drop in demand, it was noteconomically feasible due to the fact that the plant would not be producing atfull capacity and profitability depended on the heavy production.• Sale: With the intention to improve the efficient optimisation of space, thecompany now wants to sell the power plant.• Security: At present, security around the plant is very tight.


Valuation

• The contract was valued at around €360.-million , for which the utilitycompany already paid for.•

• The selling price only gives the cost to own the plant, it does not includeshipping and installation.• Shipping and Installation, by rough estimates would account to nearly 2/3rdsof acquisition cost (around € 95.million However, this can be negotiated whencombined with the sale of the power plant.• The plant requires minimal operations & maintenance costs due to thesuperior quality of the turbines and the steam turbine.• O&M can be provided at roughly 0.9-1 cents per kw/h ($18.2m per annum) at98% availability.**• This is a great bargain for the quality and size of the power requested.• The fact that this plant was purchased by European energy utility companiessignify the importance and quality of the plant.** Figures are subject to further evaluation.

The company is now looking to sell it at a discounted price of 170,- million, as the plant is brand new, not installed yet, no dismantling charges required.

••The seller first wants to make sure whether the buyer has cash.• The seller expects a structured payment plan/cash offer which is fixed andhard.• The buyer will have to produce an LOI for the supplier.• Security arranged for this plant is very tight and pictures cannot be shown.• Viewings can be made, once the buyer shows his/her interest.

This news is still at very early stage and is currently off the market.

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