Independent power producer Nexif Energy has awarded a consortium of Korean construction companies an engineering, procurement and construction (EPC) contract for a 110MW cogeneration project in Rayong Province, Thailand.

The consortium includes Doosan Heavy Industries & Construction and SC Engineering.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The work includes the supply and erection of a General Electric 6FA gas turbine operating in combined-cycle with a Doosan DST-G20 steam turbine.

“The project will supply electricity to the Electricity Generation Authority of Thailand (EGAT).”

Under a 25-year power purchase agreement, the project will supply electricity to the Electricity Generation Authority of Thailand (EGAT) and industrial customers.

Nexif Energy founder and co-CEO Surender Singh said: “We are encouraged by the progress we are making in the development and financing of the project, our first in the country.

“We are pleased to serve our customers by providing reliable and competitive power and have the opportunity to contribute to the fast-growing economy of Thailand.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The project, which was acquired by Nexif in June last year, will be financed by a consortium of lenders led by Standard Chartered Bank.

Nexif Energy founder and co-CEO Matthew Bartley said: “The entry into this project and the achievement of the EPC signing is yet another indication of Nexif Energy’s continued momentum in the Asia Pacific (APAC) region since our formation in late 2015.

“We are working hard to progress our pipeline of power generation projects throughout Vietnam, the Philippines, Bangladesh and Australia.”