Wood Group GTS, GDF SUEZ Glow Energy Public Company Limited and Glow SPP11 Company Limited (formerly known as Thai National Power Co) have extended a term maintenance agreement (TMA) originally signed in 2004 to include two additional GE Frame 6B gas turbines.
The turbines are located at Glow SPP11 Company Limited’s power plant in Rayong, Thailand. This extension, worth an additional $20million, brings the total number of GE Frame 6B gas turbines under contract to 16, with an estimated remaining term of 13 years, expiring in 2025.
The scope of this agreement includes planned and unplanned maintenance services, component repair and supply of new capital parts, performance guarantees, and dedicated project management. Also included is the installation of Wood Group GTS’ proprietary EcoValue™ compressor water wash technology.
Similar systems installed by Wood Group GTS within the region have improved turbine performance, increasing power output by up to 2.1 per cent on a 2×1 power block, resulting in approximately $1m in additional revenue per annum.
"Our goal is to consolidate maintenance of our generating assets within a flexible, cost-effective support agreement that is reliable and enhances plant efficiency. Wood Group GTS’ excellent service history since the implementation of the original agreement which is due to their first-rate programs, procedures and outstanding technical personnel," said Mr. Pajongwit Pongsivapai of Glow Group.
"Extension of this landmark agreement with GDF SUEZ is testimony to the value our independent maintenance solution brings to gas turbine operators," said Frank Avery of Wood Group GTS. "We have a track record of delivering lower life cycle costs through our philosophy of service excellence and the implementation of new technology to increase turbine performance.
"This award strengthens our position as the leading independent aftermarket service provider in this growing region, where demand for power is increasing."
Under this agreement Wood Group GTS recently completed a contract with Glow SPP11 Company Ltd for the overhaul of a GE Frame 6B compressor and turbine rotor at the Rayong power plant.
The ability to service this unit in-country, using Wood Group GTS workshops, tooling and regional technical resources, ensured the contract was completed ahead of schedule. This solution mitigated the need to hold a spare rotor in inventory, resulting in a significant capital expenditure saving for the customer.