The GEK Terna Komotini CCGT Power Plant is 887MW gas fired power project. It is planned in East Macedonia and Thrace, Greece. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in June 2024.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Thermal | 887 | – | 887 | Permitting | East Macedonia and Thrace, Greece | GEK TERNA Group of Companies |
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Description
The project is being developed and currently owned by GEK TERNA Group of Companies. The company has a stake of 50%.
It is a combined cycle gas turbine (ccgt) power plant. The fuel will be procured from Hellenic Gas Transmission System Operator (DESFA) S.A..
The project cost is expected to be around $456.395m.
Development Status
The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by June 2024.
Contractors Involved
Siemens Energy will be the turbine supplier for the Gas fired project. The company is expected to provide 1 unit of SGT5-9000HL gas turbine.
Siemens Energy will be the turbine supplier for the Gas fired project. The company is expected to provide 1 unit of SST5-5000 steam turbine.
Siemens Energy is expected to be the supplier of SGen5-1200A electric generator for the project.
Siemens Energy is expected to be the supplier of SGen5-3000W electric generator for the project.
Siemens Energy is likely to be the supplier of steam boiler for the project.
About GEK TERNA Group of Companies
GEK TERNA Group of Companies (GEK TERNA) is a construction company. The company’s business activities include construction, renewable energy, thermal energy, real estate, waste management, mining and road concession. It offers services such as real estate development and management, metal construction, financing, management and commercial exploitation of concession projects. GEK TERNA constructs and develops railway and highway networks, office buildings, commercial and business centers, entertainment and leisure centers, hospitals, museums, resorts, hydro-electric plants, dams, harbours and industrial facilities. The company has operations in Central and South Eastern Europe, the US, North Africa and Middle East countries. GEK TERNA is headquartered in Athens, Greece.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
