The Portocem LNG Power Project is 1,600MW gas fired power project. It is planned in Ceara, Brazil. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in a single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in July 2026. Buy the profile here.

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The project is being developed and currently owned by Ceiba Energy. The company has a stake of 100%.

It is a Gas Turbine power plant.

Development status

The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by July 2026.

Power purchase agreement

The power generated from the project will be sold to Ceiba Energy under a power purchase agreement for a period of 15 years.

Contractors involved

Mitsubishi Power Americas is expected to render engineering procurement construction services for the gas fired power project.

Mitsubishi Power will be the turbine supplier for the Gas fired project. The company is expected to provide 4 units of M501JAC gas turbines.

For more details on Portocem LNG Power Project, buy the profile here.

About Ceiba Energy

Ceiba Energy (Ceiba) is a developer of power generation assets that focuses on renewable generation and capacity-firming, low-carbon generation to support the growth of renewables to deliver affordable and clean energy. Ceiba is headquartered in Houston, Texas, the US.

This content was updated on 25 January 2024

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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.