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Siemens seals Jordan power project deal

Amman, October 6, 2010

Siemens has signed a long term program (LTP) deal with Kospo Jordan, a Korean energy company based in the Kingdom, for its Al Qatrana Independent Power Project.

Kospo Jordan, a subsidiary of Kospo Korea, said as per the contract Siemens will provide tailored solutions for total coverage of the long-term maintenance needs of the facility’s gas turbine installations.

The contract is for a term of 25 years and represents the first long term program (LTP) for Siemens in Jordan.

Al Qatrana is the second of two IPP projects in Jordan and is the newest power plant in operation there. It has new technology and is thus more efficient than older power installations in the country.

Wolfgang Niermann, CEO of Siemens in Jordan said: “The turbines used within the plant are known for their toughness and durability, with more than 290 units in operation accounting for approximately 70,000 starts and more than 4,000,000 operating hours.

"This is a big strength of the SGT5-2000E turbine," the company chief added.

Sauro Storai, vice president of Energy Service (Mena region), said: “Siemens will offer all necessary work during scheduled outages and provide Kospo with performance warranties. This will be managed by our highly skilled on-ground engineers.”

Kospo Jordan will outsource the entire responsibility of the scheduled outages for the following 25 years to Siemens and this will represent 200,000 operating hours, a top official said.

Ki Yeob Hwang , CEO of  Kospo Jordan  said: "The experience and expertise of Siemens offered us peace of mind with the agreement to hand over the responsibility of the outages at the plant."

"They offered long term security and the benefit of having original equipment manufacturer technology. We look forward to having a good relationship with Siemens for mutual cooperation and benefit," he added.-TradeArabia News Service




Tags: Jordan | Siemens | power project |

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