M+W Group receives letter of intent for power plant in Tatarstan in the Russian Federation
(Thomson Reuters ONE) -
M+W Group /
M+W Group receives letter of intent for power plant in Tatarstan in the Russian
Federation
Processed and transmitted by Thomson Reuters.
The issuer is solely responsible for the content of this announcement.
General contractor for design, construction and commissioning of a 240-megawatt
gas and steam power plant
Stuttgart (Germany), 18 November 2010
The global engineering and construction company M+W Group (until 2009: M+W
Zander), is to set up a 240-megawatt gas and steam power plant over the next 5
years in the city of Kazan (capital city of the Republic of Tatarstan in the
Russian Federation). A letter of intent has been signed between M+W Group as the
general contractor and P&B Investment LLC, Kazan as the project company. M+W
Group will undertake the complete engineering, construction and commissioning of
the plant of which the first heat supplies are expected to commence towards the
end of 2012 with the project finally completed in 2013. The order volume amounts
to some 280 million euro. A binding contract for the initial planning phase has
been signed in Kazan after a meeting with the Prime Minister of the Republic of
Tatarstan on 11 November 2010.
The driver for the constructing of the power station is the growing demand for
thermal and electrical energy in Kazan and the Republic of Tatarstan.
Additionally, Kazan is the venue for the 27th Universiade (www.kazan2013.com) in
2013, which will lead to a further surge in demand for electricity and district
heating. At present, the growing demand for energy is met by means of electrical
energy from neighbouring energy networks. Kazan, with over a million
inhabitants, is located on the Volga river 750 kilometers east of Moscow.
After completion, there will be several gas and steam turbines and heat recovery
boilers available. The gas turbines convert primary energy from the natural gas
into electrical energy, while the heat recovery boilers convert the remaining
thermal energy from the combustion gases into steam. The downstream steam
turbine then converts the steam into electrical energy. The process heat to
supply district heating is provided via heat exchangers. By combining power and
heat production, the new power station will achieve overall efficiency of some
75 per cent (about (50 per cent electrical energy).
About M+W Group (www.mwgroup.net): M+W Group (until 2009: M+W Zander) is the
leading global partner for engineering, construction and project management in
the fields of Advanced Technology Facilities, the Life Science Industries,
Energy & Environment Technologies and High-Tech Infrastructure. From concept
development to turnkey services the company manages projects of all sizes
ensuring flexibility, rapid realization and cost-effective completion. With its
competence to link process technology, automation and complex facilities to
integrated solutions M+W Group primarily focuses on leading electronics, life
science, photovoltaic, chemical, automobile and communication companies, as well
as research institutes and universities. M+W Group GmbH is the holding company
with headquarters in Stuttgart, Germany. In 2009 M+W Group generated an order
intake of 1.56 billion euros and revenues of 1.27 billion euros with a workforce
of approximately 4380 employees.
M+W Group is owned by the Austrian Stumpf Group that is globally successful in
the areas of High-Tech Engineering, Smart & Renewable Energy, Real Estate and
Technology Investments.
Press contact:
Michael Gemeinhardt
Phone +49 711 8804-1420
michael.gemeinhardt(at)mwgroup.net
[HUG#1463668]
--- End of Message ---
M+W Group
Lotterbergstraße 30 Stuttgart Germany
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: M+W Group via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 18.11.2010 - 10:16 Uhr
Sprache: Deutsch
News-ID 48900
Anzahl Zeichen: 4611
contact information:
Town:
Stuttgart
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 199 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"M+W Group receives letter of intent for power plant in Tatarstan in the Russian Federation"
steht unter der journalistisch-redaktionellen Verantwortung von
M+W Group (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
