GE Energy Signs Long-Term Service Agreement for Qatalum Power Plant
Posted on: Friday, 8 August 2008, 12:00 CDT
Power engineering company GE Energy has announced a long-term service agreement for a greenfield power plant in Mesaieed, Qatar, that is a critical component of Qatalum's plans to become the world's largest producer of aluminum. Qatalum is a joint venture between Qatar Petroleum and Norsk Hydro Aluminum.
Under the agreement, GE will help to ensure the reliability and efficiency of Qatalum's power supply, critical to the success of this project. Qatalum expects the new facility to enter commercial operation in 2010. The first phase of the project will have a capacity of 585,000 metric tons of aluminum products per year.
Under a 16-year contractual services agreement (CSA), GE Energy will supply a full range of services for GE gas turbines at the Qatalum power plant, which will generate approximately 1,350MW of power for the aluminum production facility.
Truls Gautesen, CEO of Qatalum, said: "We have already started to work with GE on the equipment supply and are confident that the service agreement will support our goal of reliable power for the production of aluminum in the years ahead."
Source: Datamonitor
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