30th Nov 2010 07:00
Wood Group GTS wins $875 million EPC contract for Israel's largest private power station
November 30, 2010 - Wood Group GTS has been awarded an engineering, procurement and construction (EPC) contract valued at approximately $875 million from Dorad Energy to build an 800-megawatt power plant in Israel. The natural gas-fired Dorad Power Plant is expected to be online within 36 months and when completed will represent approximately eight per cent of Israel's total installed power generation capacity.
Wood Group GTS has full turnkey responsibility for the combined-cycle plant, from design, procurement and construction through to commissioning and handover. The combined-cycle power plant will utilise 12 natural gas-fired turbines connected to a heat-recovery steam generator that will provide steam to run two steam turbines. This combined cycle gas turbine technology will offer significantly improved emissions as compared to coal-fired technology.
"The landmark Dorad Power Plant will be one of the first major operational independent power producers following Israel's deregulation of electricity markets," stated Mark Papworth, CEO, Wood Group GTS. "As the global economy recovers and an increase in power generation is required, we expect a robust market opportunity for additional gas-fired power generation capacity. We intend to continue to develop our EPC activities, supporting our clients' new power plant requirements both in the Americas and the Eastern Hemisphere."
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Notes to editors
Wood Group (John Wood Group PLC) is an international energy services company with $5bn revenues, employing approximately 29,000 people worldwide and operating in 50 countries. The Group has three businesses - Engineering & Production Facilities, Well Support, and Gas Turbine Services - providing a range of engineering, production support, maintenance management and industrial gas turbine overhaul and repair services to the oil & gas, and power generation industries worldwide. www.woodgroup.com
Wood Group GTS is a leading independent provider of services and solutions for clients in the power, oil & gas and renewable energy markets. Worldwide, these services include; power plant engineering, procurement and construction management, facility operations & maintenance, repair & overhaul of gas, wind and steam turbines, pumps, compressors and other high-speed rotating equipment. www.woodgroupgts.com
Dorad Energy, Ltd. is a Bnei-Brak, Israel-based electricity company whose shareholders include Eilat-Ashkelon Infrastructure Services Ltd., Zorlu Enerji Elektrik Uretim A.S Tie A.S, U. Dori Group and Edelcom Ltd.
For further information contact
Nick Gilman, Corporate CommunicationsTel: +44 (0) 1224 851000, email: [email protected]
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