HOME PAGE SUBSCRIPTIONS, Print Editions, Newsletter PRODUCTS READ THE PETROLEUM NEWS ARCHIVE! ADVERTISING INFORMATION EVENTS PETROLEUM NEWS BAKKEN MINING NEWS

Providing coverage of Alaska and northern Canada's oil and gas industry
July 2010

Vol. 15, No. 28 Week of July 11, 2010

Chugach signs new power plant contract

Chugach Electric Association recently hired SNC-Lavalin Constructors Inc. to design and build a new jointly owned natural gas-fired power plant being planned for the Anchorage area, according to filings with the U.S. Securities and Exchange Commission.

The Montreal-based company with an office in Bothell, Wash., will provide engineering, procurement and construction work for the Southcentral Power Project, a new 183 MW power plant to be jointly owned by Chugach and Anchorage Municipal Light & Power.

Chugach will own 70 percent of the plant, with ML&P owning the remaining share.

CEA in charge of project

Chugach, a member-owned cooperative, and ML&P, a municipal utility, together produce all of the electricity used in the Anchorage area. Chugach also sells power to several regional utilities in the Matanuska-Susitna Valley and on the Kenai Peninsula.

Chugach is in charge of the project and signed the contract the SNC-Lavalin. The contract runs through the completion of the project, expected to be in December 2012.

The plant will have three natural gas-fired turbines and a separate generator to produce power from waste steam. Chugach and ML&P will purchase the turbines separately.

The turbines are expected to be significantly more efficient than the aging generation facilities in place, helping to extend the life of declining Cook Inlet natural gas fields.

The Southcentral Power Plant is expected to cost between $300 million and $400 million.

—Eric Lidji






Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.petroleumnews.com ---
S U B S C R I B E

Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.