CTCI Corporation has been awarded an approximately NT$19 billion (US$647 million) engineering, procurement, construction, and commissioning (EPCC) contract to build an LNG regasification and receiving terminal for the Taichung Power Plant, owned by Taiwan Power Company (Taipower).
This is the first LNG receiving terminal and regasification facility to be owned by Taipower, and Taiwan’s first LNG receiving and regasification facility to be owned by a company other than CPC Corporation (CPC).
The Taiwanese government has set a goal to increase gas-fired power generation to 50% by 2025, as part of its commitment to achieving transition to clean energy. This project will ensure a stable natural gas supply with 720 tph, which is enough to meet the demand of gas-fired power generating units 1 and 2 at the Taichung Power Plant, as well as units 4, 5, and 6 at Tunghsiao Power Plant.
CTCI Corporation will carry out detailed design, procurement, and supply of materials, construction, and installment, pre-commissioning, commissioning, and one-year operation and maintenance service in this EPCC contract.
The awarding of this contract is a sign of continued success for CTCI with regards to domestic LNG receiving terminal projects. Earlier this year, the company was also awarded an approximately NT$18.3 billion (US$623 million) EPCC contract to build CPC’s Third LNG receiving terminal at Guantang Industrial Area, Taoyuan.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/11092020/ctci-wins-contract-for-taipower-taichung-lng-terminal/