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Size will be a significant advantage in bidding for turnkey power projects, as the new company will be able to increase its margins on the basis of taking on more projects.
It emerged as the first Pakistani company having undertook: -- a Turnkey Power Project involving
American Electric Technologies' M&I Electric business has recently been selected to provide a turnkey power delivery solution for a new US based 700-MW natural gas-fired, combined-cycle power generation facility.
GE (NYSE:GE) and Petrofac (LSE:PFC) announced on Thursday a contract worth over GBP110m by Galloper Wind Farm Ltd to engineer, construct and install a turnkey power system to efficiently connect up to 336 megawatts of clean energy from the Galloper Offshore Wind Farm off the coast of Suffolk, UK, to the British grid.
M&I Electric provides a full range of turnkey power delivery solutions including power distribution, power conversion, power control/automation systems, and power construction and services for the oil and gas and power generation sectors of the global energy industries.
Wartsila has received an order from Umm Al-Qura Cement Company to supply a turnkey power plant for Saudi Arabia.
The turnkey power solution will help cover anticipated power demand during the critical summer high heat season, as well as provide interim power while the country continues to rebuild and improve its infrastructure.
APR Energy, a company that specialises in the sale of reliable and efficient electricity through the rapid global deployment and installation of scalable turnkey power solutions, has started commercial operation of its 200MW temporary power generation project in Uruguay.
Wartsila has demonstrated its capability to provide competitive and comprehensive turnkey power plants with outstanding operational efficiency and minimum environmental impact.
The company is excited to deliver turnkey power plants using renewable solar energy as a resource to forward-thinking countries, and develop mutually beneficial and long-term relationships around the world.