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CUC confirms partners for new power plant

| 10/12/2014 | 0 Comments
CNS Business

(Seated L-R) Howard R. Barnes, Senior VP, MAN Diesel & Turbo SE; Richard Hew, CUC President and CEO; and Christian Grundvig, Director, Generation and Project Management Services, BWSC

(CNS Business): Caribbean Utilities Company has announced that it has entered into a design-build contract agreement with both a Danish company and a German company to develop its new power plant in George Town. The deal is in relation to the contract CUC won, following an ERA bid, to supply extra future power for Grand Cayman.

CUC said the agreement for the generation expansion project was with the consortium of Burmeister & Wain Scandinavian Contractor A/S and MAN Diesel & Turbo SE. It covers the purchase and turnkey installation of two 18.5 megawatt (MW) V48/60 medium-speed diesel generating units, one 2.7 MW steam turbine, and associated auxiliary equipment.

The local power firm said the contract was valued at about US$55 million on a job that is eventually estimated to run to some US$85 million to complete. The generating units will be housed in a new purpose-built power house at CUC North Sound Plant in George Town, which should be commissioned in June 2016.

Richard Hew, CUC’s President and Chief Executive Officer, said the additional capacity would enable CUC to continue to serve its customers.

“Our continued relationship with BWSC and MAN will facilitate the timely, efficient expansion and the longer term benefits of standardization of parts and service which allow us to minimize cost and maximize service reliability to our customers,” Hew added.

MAN and BWSC have been strategic partners of CUC since 1998 and have designed and installed 68 MW of diesel generating units on a turnkey basis for the Company prior to this project, the firm said in a release Tuesday.

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Category: Local Business, Technology

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