New work to the company from Egypt – HRSG for Banha CCPP, Egypt

Ansaldo Caldaie has been awarded the contract with Mid-Delta Electricity Production Company for the engineering, procurement and construction of the two Heat Recovery Steam Generators of the 750 MW Banha Combined Cycle Power Plant. The signing ceremony, on December 13th, was attended by Mrs. Barbara Lefebvre, Managing Director of Ansaldo Caldaie, and Mr. Umberto Sarno, VP International Sales, together with the Chairman of Mid Delta EPC and the Chairman of the Egyptian Electrical Holding Company.

This Contract has a value of approx 40 M€uro and is financed by the Kuwait Fund for Arabic Economic Development and the Arab Fund for Economic and Social Development.

The Contract for Banha is a positive step in the development of our business, both in Egypt and globally, demonstrating the competitiveness of our products and the recognition of our technology. The success has been achieved by the positive teamwork and significant efforts of a number of people, both in Italy and in Egypt. AC Boilers Egypt will be an integral part of the contract with responsibility for the local activities.

The Combined Cycle Power Plant of Banha will be based on two General Electric 250 MW class Gas Turbines, two Ansaldo Caldaie Heat Recovery Steam Generators and one Steam Turbine from Ansaldo Energia. The Owner’s Engineer to co-ordinate all these individual packages is PGESCo, a J/V between the Egyptian Electricity Holding Company and Bechtel.

This award follows other major orders in Egypt for Ansaldo Caldaie: Abu Qir in 2008 (2×650 MW fired boilers, presently approaching commissioning) and earlier in 2007 El Tebbin (2×350 MW fired boilers), which has recently achieved the milestone of Provisional Acceptance by the Customer.

The contract in Egypt also follows a number of other successes for Ansaldo Caldaie in the supply of HRSG’s globally and confirms our position as a leading supplier of steam generating equipment on a global basis. Recent awards include 4 Units to operate behind 150 MW at Wasit CCPP in Saudi Arabia and 1 Unit for 170 MW GT for Ute Sepé Tiaraju Plant of Petrobras in Brazil.