Nexif Energy (Nexif) has signed an EPC contract for its 110 megawatt (MW) cogeneration project in Thailand’s Rayong Province. Nexif acquired the project in June 2017.
The project will supply electricity to the Electricity Generation Authority of Thailand (EGAT) under a 25-year power purchase agreement and provide energy to industrial customers. It will be financed by a consortium of leading lenders on a non-recourse basis.
The turnkey fixed price EPC Contract was signed with a consortium of Korean construction companies comprising Doosan Heavy Industries & Construction Co., Ltd and SC Engineering Co., Ltd. It includes the supply and erection of a General Electric 6FA gas turbine operating in combined cycle with a Doosan DST-G20 steam turbine.
In December 2017, Nexif was awarded a concession for an 80 MW wind farm project in Vietnam’s Ben Tre province.
