Taiwanese engineering services firm CTCI has secured a contract to construct the new liquefied natural gas (LNG) regasification terminal of the Taichung Power Plant, Kallanish Energy reports.
The new plant, owned by state-owned Taipower Power, will be the first LNG receiving terminal and regasification facility owned by a company other than state-run CPC Corporation (CPC). The engineering, procurement and construction (EPC) contract awarded to CTCI is valued at NT$19 billion ($649 million).
Under the terms of the contract, CTCI Corporation will carry out detailed design, procurement and supply of materials, construction and instalment, pre-commissioning, commissioning, and a one-year operation and maintenance service of the regasification facility.
CTCI stated that the facility will produce a natural gas supply of 720 tonnes per hour, enough to meet the demand of gas-fired power generating units 1 and 2 at Taichung Power Plant, as well as units 4, 5 & 6 at the Tunghsiao Power Plant, also owned by Taipower.
The Taichung plant has a total capacity of 5.8 gigawatts between its coal, gas and wind-fired generation units. Taipower has stated it plans to begin LNG imports in 2023.
In a statement, CTCI said that the EPC contract represents a “huge success in domestic LNG receiving terminal projects” for the company following a similar NT$18.3 billion (US$623 million) EPCC contract to build CPCs third LNG receiving terminal at the Guantang Industrial Area in Taoyuan.
This post appeared first on Kallanish Energy News.