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GDF SUEZ SA

10/29/2012 | Press release

Commissioning of new state-of-the-art 860MW gas fired units in Singapore

distributed by noodls on 10/29/2012 03:53

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GDF SUEZ is pleased to announce that Senoko Energy in Singapore has begun commercial operation of two combined cycle gas turbine units, each with a capacity of 430MW.

The two new units are part of Senoko Energy's Repowering Project, announced in 2008, which aims to convert two thirty-year old oil-fired units into technologically advanced and efficient combined cycle units, reducing Senoko Energy's carbon emission by more than a million tonnes a year.

Senoko Energy is the largest power generation company in Singapore, operating a 3,300MW portfolio and providing around 25% of the country's electricity needs. Electricity demand growth in Singapore has averaged 4% per annum over the past 10 years. Through its 30% ownership in Senoko Energy, GDF SUEZ has a strong position in this market.

In Asia, GDF SUEZ also has operations in Thailand, Singapore, Pakistan, Indonesia and Laos. It has nearly 11GW of power generation capacity in operation and under construction.

The Group sees continued high economic growth in the region, that is driving strong demand for new capacity over the coming years.

About GDF SUEZ

GDF SUEZ develops its businesses around a model based on responsible growth to take up today's major energy and environmental challenges: meeting energy needs, ensuring the security of supply, combating climate change and optimizing the use of resources. The Group provides highly efficient and innovative solutions to individuals, cities and businesses by relying on diversified gas-supply sources, flexible and low-emission power generation as well as unique expertise in four key sectors: liquefied natural gas, energy efficiency services, independent power production and environmental services. GDF SUEZ employs 218,900 people worldwide and achieved revenues of €90.7 billion in 2011. The Group is listed on the Brussels, Luxembourg and Paris stock exchanges and is represented in the main international indices: CAC 40, BEL 20, DJ Stoxx 50, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe, ASPI Eurozone and ECPI Ethical Index EMU.

  • Press contact:
    Tel. France : +33 (0)1 44 22 24 35
    Tel. Belgium : +32 2 510 76 70
    E-Mail : gdfsuezpress@gdfsuez.com
  • Investor Relations contact:
    Tel. : +33 (0)1 44 22 66 29
    E-Mail : ir@gdfsuez.com
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