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Home arrow News arrow Power and Energy arrow Doosan Heavy Industries enters Indian power generation service market
Doosan Heavy Industries enters Indian power generation service market Print E-mail
Written by Sanjay   
Friday, 15 July 2011
Ahmedabad: Doosan Heavy Industries & Construction has signed a US$ 56 million contract for remodeling the Sabarmati Thermal Power Plant with Torrent Power Limited (TPL). The work requires Doosan to upgrade the output of the turbine and boiler of the plant, enhance the power generation efficiency, and replace the surveillance control system with a new one by October 2013.

It is estimated that the power plants in India over 20 years old that require service life extension and output upgrade come to a total of 20GW in terms of output capacity.*

With this, Doosan Heavy Industries & Construction has gained the momentum for making forays into the Indian power generation service market. Power generation service requires high-level technological prowess and project management ability. It provides high profitability, compared to the work of the construction of new power plants.

"Recently, the power generation service market is growing rapidly due to an increase in heating fuel costs and new environmental requirements. We are checking business opportunities in Southwest Asia, including India, the Middle East, and Australia," said Doosan Heavy Industries & Construction Executive Vice President Dongsoo Suh (Head of Power BG).

According to the 2010 report announced by UDI of the U.S., power plants that require remodeling work due to aging or the need to meet new environmental requirements come to 360GW worldwide in terms of output capacity.

Doosan Heavy Industries & Construction is stepping up efforts for the diversification of the power generation sector into the relevant service and O&M, in addition to the existing erection/procurement/construction (EPC) and the supply of the relevant devices and materials.

* For easier understanding, 20GW is equal to 20 units of 1,000MW-class power plants (such as those in Yeonggwang and Uljin in Korea)

 
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