Gulf Energy Development Co (GED) and Mitsui & Co have awarded Pöyry a contract for technical advisory services for a 2500 MW combined cycle gas turbine (CCGT) power plant project in Thailand.
The proposed project will be located in Sriracha District, Chonburi Province, and will comprise four 625 MW generating units. Pöyry will act as Lenders’ Technical Advisor, providing technical due diligence, construction monitoring and operation monitoring.
The commercial operation date (COD) for the first unit is projected to be in March 2021, with the second to fourth units expected to reach COD in October 2021, March 2022, and October 2022, respectively.
The new power plant is expected to be the cleanest and most efficient CCGT in Thailand. It will comply with the environmental and social standards of the International Finance Corporation (IFC) Performance Standard, reducing its environmental and social impact beyond the Thai national standard requirements. It will also help to ensure reliable and cost-effective power within the country, and support Thailand’s goal to develop the special economic zone of the Eastern Economic Corridor.