Siemens and Bechtel have jointly won an engineering, procurement and construction (EPC) contract for a 778MW natural gas-fuelled Panda Power Funds’ Stonewall Energy Project in Leesburg, Virginia, US.
Planned as a combined-cycle power plant (CCPP) with a gross installed electrical capacity of 778MW, the project will generate electricity for 778,000 households in the US state.
The venture is expected to be commissioned by spring 2017.
Under the deal, Siemens will deliver equipment for the project. This includes two SGT6-5000F gas turbines, one SST6-5000 steam turbine, an SCon-4000 condenser, two SGen6-1000A generators, one SGen6-2000H generator and two NEM duct-fired heat recovery steam generators, along with the complete electrical system and SPPA-T3000 instrumentation and control system.
Bechtel will be responsible for engineering and procurement for the balance of the facility, as well as performing installation, construction and commissioning.
Siemens will manufacture the gas turbines, steam turbines and generators at its production facility located in Charlotte, North Carolina.
Panda Power Funds president and senior partner Todd Carter said: "The Bechtel-Siemens consortium represents a highly experienced team that continues to provide value as we seek to deliver the Stonewall project to the community in Loudoun County.
"This is an advanced facility designed to be environmentally friendly while producing power for one of the fastest-growing counties in the US."
While this is the sixth project awarded to Siemens by Panda Power Funds, it will be the fourth to be built by the Bechtel-Siemens consortium for Panda.
Siemens Power and Gas head for gas turbine power plant solutions Americas Martin Tartibi said: "We are proud to continue our successful partnership with the Panda Power Funds. This is the sixth project in a short period that we were awarded by Panda.
"It shows that we are continuously creating sustainable value for Panda with our experience in building successful turnkey power plant solutions."
Bechtel’s thermal power business president Mary McLaughlin said: "The plant will increase the supply and reliability of power to the region. In addition, the project is expected to produce approximately 600 craft jobs and 30 long-term jobs post construction."
Siemens financial services project and structured finance power, oil and gas CEO Kirk Edelman also commented: "The fact that Stonewall is located in a high load-growth market and is being managed by a highly experienced team means there is a strong investment case for the project.
"Siemens’ partnership with Panda Power Funds exemplifies two strong contenders in the power generation market so we are very pleased to support the project on the financing side."