The Costa Norte LNG Power Plant is 762MW dual-fuel fired power project. It is planned in Colon, Panama. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the partially active stage. It will be developed in multiple phases. Post completion of the construction, the project is expected to get commissioned in August 2018. Buy the profile here.
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Description
The project is being developed by Gas Natural Atlantico S. de R.L and is currently owned by The AES with a stake of 100%.
It is a Combined Cycle Gas Turbine (CCGT) power plant. The power plant can run on dual-fuel. The primary fuel being used to power the plant will be liquefied natural gas. In case of shortage of liquefied natural gas the plant will run on Diesel.
Development status
Post completion of the construction, the project is expected to get commissioned in August 2018.
Power purchase agreement
The power generated from the Costa Norte LNG Power Plant (Costa Norte LNG Power Plant I) will be sold to Empresa de Transmision Electrica under a power purchase agreement for a period of 10 years.
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Contractors involved
POSCO Engineering & Construction is expected to render engineering procurement construction services for the Costa Norte LNG Power Plant (Costa Norte LNG Power Plant I).
Costa Norte LNG Power Plant (Costa Norte LNG Power Plant I) will be equipped with GE Power 6F.03 gas turbines. The phase consists of 3 gas turbines with 75MW nameplate capacity.
Costa Norte LNG Power Plant (Costa Norte LNG Power Plant I) will be equipped with Siemens Energy steam turbine. The phase consists of 1 steam turbine with 156MW nameplate capacity.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
