DF has signed a contract with the Algerian company Societé de Production de l’ Electricité (SPE), a subsidiary of Sonelgaz group, for the construction of a combined cycle gas power plant in Djelfa. The cost of the project amounts to 544 million euro and the plant with 1,250 MW will be the largest power plant built by the company to date.
The award of this project in Algeria to the Spanish company Duro Felguera (DF) was announced in mid-December by the Algerian group and adds to five other similar projects that Société Algerienne De Production De l’Eléctricité (SPE) has signed with other firms from different countries. Thus DF lands in North Africa markets, a geographic area where significant energy investments are expected in the coming years.
The contract, signed at Sonelgaz’s headquarters in Algiers, amounts to 718.9 million dollars (544 million euro).
Power Plant features
The Djelfa plant, 300 kilometers from Algiers, will feature four gas turbines and two steam turbines in addition to four heat recovery boilers, and will be the largest power plant built by the DF to date exceeding 1,250 MW.
The project also involves the Balance of Plant systems necessary for the plant operation, such as compressed air, cooling systems, water treatment plant and effluent storage tanks, fuel handling system, electrical and control systems etc. .
The implementation period of the project is 40 months and will be developed by DF under turnkey modality.
DF international projects
DF is today one of the Spanish companies in the area of “turnkey ” projects for the industry, energy and Oil & Gas, as well as in the field of services associated with the facilities it commissions.
DF, according to 2013 data, runs integral projects in many countries in Europe, Latin America, Asia and Africa, and has permanent offices in Mexico, Brazil, India, Venezuela, Argentina, China and the Middle East.
Its activity is focused on energy, mining and Handling, Oil & Gas and it offers services in addition to other activities such as control systems, telecommunications and manufacturing of goods.
In 2012 its works pipeline exceeded 1,630 million euro, of which 96 % are projects contracted in international markets. The company’s sales accounted for 916 million euro, with 82% international and 75% of total sales in the Energy, Mining, Handling and Oil & Gas segments.
Spanish companies in Algeria
The investments undertaken by Spanish multinationals abroad are vast. Faced with falling domestic business, Spanish companies are making their way out to foreign countries.
We already reported that among recent projects that Iberdrola has launched is the Koudiet combined cycle in Algeria. Located in the El Tarf region, this plant will generate 18% of all the electricity consumed in Algeria.
Técnicas Reunidas has recently been awarded a huge project, a vast hydrocarbons complex in Algeria accounting for one billion dollars, which will enter commercial operation in 2016.