420 MW ALSTOM GT26 GAS
COMBINED CYCLE POWER PLANT
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
Kusha Industry Co.
Power plant description
• 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 finished
commissioning and not used at all
• Warranty: The plant has not been used, therefore the manufacturer warranty
still exists and
initiates from the day the plant first starts working for up to 12 months in
operation.
(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 an
optimum place).
Kusha Industry Co.
Gt26 Turbine
• With 6 million fired hours and 98,000 starts, the GT26 turbine has proven to
be one of the most reliable gas turbine solutions on the market.
• Unique sequential combustion technology,annular combustors and patented
welded rotor design deliver both high efficiency and lower emissions
• Online switchable operating mode increases availability and lowers
maintenance costs by lengthening inspection intervals
• Wide load range efficiency with nearly constant levels from 100% to 80% and
high efficiency below 80%
• Superior fuel versatility
• Welded rotors for lower maintenance
• The sequential combustion concept results in a gas turbine with extremely
high power density enabling the smaller blade dimensions of GT26 machines.
Kusha Industry Co.
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 annual
sales of €20.3 billion, and employed approximately 96,000 people in around
100 countries.
• Alstom is active in the fields of electrical generation and transmission, with
products including turbines for hydroelectric, gas, coal and nuclear-powered
plants, as well as large-scale electrical grid infrastructure, solar-thermal, and
geothermal systems.
• Alstom is also a major rail vehicle manufacturer, active in the fields of
passenger transportation, signalling and locomotives, with products including
the AGV, TGV, Eurostar, and Pendolino high-speed trains, in addition to
suburban, regional and metro trains, and Citadis trams.
• Top manufacturers like GE, Siemens & Mitsubishi compete and placed
takeover bid attempts on Alstom, due to its sheer quality and service provided.
• After many unsuccessful attempts, GE acquires the Energy operations of
Alstom. 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.
Kusha Industry Co.
Alstom Gas power plants
• Vast experience & knowledge in the simple and combined cycle gas power
projects based on technology for turbines and all other components.
• Fully adapted to power markers that require more flexibility, whether they
are designed for both base load and part load or even daily cycling.
• The plants are designed to provide outstanding operational flexibility and
high plant efficiency while minimising the environmental impact.
• Various applications including co-generation, district heating, desalination
and special industrial applications like aluminium & steel making industry.
• Alstom is also working to offer hybrid solutions to its customers. The ability of
Alstom gas turbines to be flexible in part/low-load and base-load allows for the
seamless integration of solar renewable solutions within combined-cycle power
plants. (triple combined can bepossible too).
• In combined-cycle power plants, the thermal design of Alstom steam turbines
delivers a highly efficient heat recovery cycle and offers excellent operational
flexibility.
• Alstom offers a complete range of Heat Recovery Steam Generator (HRSG),
optimised for cycling and constructability that provide high performance in al
modes of operation. More than 750 HRSG behind gas turbines of 50 MW and
above have been supplied by Alstom, including drum-type and once-through
HRSG, thus providing the Group with unparalleled experience in this fieldl
Kusha Industry Co.
Current Situation
• Current Plant location: Major country in Europe (As per news, France is a
possibility,please see the brochure attached). However, Alstom plants have
been used in the UK,Germany, Netherlands and Ireland.
• Plant Owner: A large multinational utility company (possibly GDF Suez if
France). The company could be another one.
• Reason for sale: The company initially expected a steep rise in the short term
electricity demand, but due to the sudden drop in demand, it was not
economically feasible due to the fact that the plant would not be producing at
full capacity and profitability depended on the heavy production.
• Sale: With the intention to improve the efficient optimisation of space, the
company now wants to sell the power plant.
• Security: At present, security around the plant is very tight.
Kusha Industry Co.
Valuation
• The contract was valued at around €360.-million , for which the utility
company already paid for.
•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 selling price only gives the cost to own the plant, it does not include
shipping and installation.
• Shipping and Installation, by rough estimates would account to nearly 2/3rds
of acquisition cost (around € 95.million However, this can be negotiated when
combined with the sale of the power plant.
• The plant requires minimal operations & maintenance costs due to the
superior 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) at
98% 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 companies
signify the importance and quality of the plant.
** Figures are subject to further evaluation.
Kusha Industry Co.
Next Steps
•This news is still at very early stage and is currently off the market.
•The seller first wants to make sure whether the buyer has cash.
• The seller expects a structured payment plan/cash offer which is fixed and
hard.
• 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.
T +98(21)224 30 349
F +98(21)224 30 350
M +98(912)300 35 54
[email protected]
www.kushaindustry.com