LATEST NEWS

Siemens wins a contract for the turnkey construction of a power plant in Tatarstan

Siemens has received an order from its customer Nizhnekamskneftekhim to build a combined cycle power plant on a turnkey basis in Tatarstan. Nizhnekamskneftekhim is a member of the TAIF Group headquartered in Kazan, Tatarstan, Russia. The corresponding contract was signed today by Azat Bikmurzin, General Director of Nizhnekamskneftekhim, and the CEO of Siemens Russia Dietrich Moeller in the presence of the President of Tatarstan His Excellency Rustam Minnikhanov, Deputy Prime Minister of Bavaria Ilse Aigner, TAIF CEO Albert Shigaboutdinov and Siemens CEO Joe Kaeser.

As general contractor, Siemens will cooperate with the Turkish company ENKA to build the 495-MW combined cycle power plant on a turnkey basis. The contract includes the delivery of two SGT5-2000Е gas turbines, one SST-600 steam turbine and the corresponding power distribution systems as well as a 13-year service agreement to be signed at a later date. The order volume, including the service agreement, totals €380 million. The power plant is scheduled to begin operation in May 2021.

“The need to implement our own power generation construction project for Nizhnekamskneftekhim industrial production is due to the year-on-year increase in power consumption against the background of production expansion and the launch of new hydrocarbon processing facilities as well as the annual increase in power and capacity purchase costs. I would like to specifically mention that the newly launched power plant will run on associated gas derivatives – that is, byproducts from Nizhnekamskneftekhim production processes. Their utilization in gas turbine units under stringent Russian and EU requirements regarding air-polluting gas emissions will significantly improve the environment in the Nizhnekamsk industrial hub,” said TAIF CEO Albert Shigaboutdinov.

“After intensive negotiations with our customer, we’ve prevailed against tough competition and landed an impressive order. I’m grateful for the trust placed in us,” said Joe Kaeser, President and CEO of Siemens AG. “One highlight of this power plant is its ability to fire syngas – a byproduct of our customer’s petrochemical production. Syngas firing will also cut operating costs substantially. Leveraging our extensive experience and advanced technologies, we’re going to construct a modern power plant that will provide secure, reliable and efficient power for the production facilities of Nizhnekamskneftekhim,” said Dietrich Moeller, CEO of Siemens Russia. “This order impressively underscores our customer proximity, which is based – particularly in connection with the changes taking place in the power generation market worldwide – on our proven technologies and stable partnership,” Moeller added.

TAIF is a major production and investment company, with extensive assets and enormous production capacities. The TAIF Group, which comprises more than 50 subsidiaries and affiliated companies, operates in a large number of areas, five of which are so-called focus fields: oil and gas processing and petrochemicals, power generation, telecommunications, building and construction, and banking and investment services. One of Europe’s largest petrochemical companies, Nizhnekamskneftekhim is a leader in Russia in the production of synthetic rubbers and plastics.

Liat

Recent Posts

Renesas Unveils Industry’s First 650V GaN in Dual-Side Cooled 8x8mm Package for Megawatt-Scale AI Data Centers

Dual-side cooling (DSC) shrinks package footprint by 57% compared with TOLT, packing more power into…

18 hours ago

Leica Microsystems launches AI software module for consistent inspection decisions

Supporting manufacturers with reliable defect identification and scalable quality control across production lines Leica Microsystems,…

18 hours ago

Teradyne Introduces Near-DUT Test Platform for LPDDR6, DDR6 and GDDR7

The Magnum E2 system supports emerging DRAM and NAND interfaces while using common hardware and…

18 hours ago

ARX Robotics and DEUTZ Deliver First Ulm-Built GEREON UGVs to Ukraine

The first unmanned ground systems left the production line only 12 weeks after the two…

18 hours ago

AMD Releases Ross Agentic Assistant for Vivado and Vitis HLS Workflows

The available-now engineering assistant connects language models to AMD development tools, documentation and reusable FPGA…

18 hours ago

Murata Begins Mass Production of 0201-Inch Three-Terminal Low-ESL MLCCs

The 0.6 × 0.3 mm capacitors occupy 64% less mounting area than Murata’s previous smallest…

18 hours ago