Siemens Wins Order for Power Plant in Venezuela

  Siemens Wins Order for Power Plant in Venezuela

Company to supply engineered power islands for Juan Manuel Valdez Güiria
project

Business Wire

ERLANGEN, Germany -- October 31, 2012

Siemens received an order to supply two power islands for the Juan Manuel
Valdez Güiria combined cycle power plants in Venezuela. These plants will be
constructed in two phases. The first phase will be the simple cycle followed
by the combined cycle in the second phase. Siemens will engineer and supply
major equipment in the first phase including main components: four gas
turbines, four generators, four bypass stacks, as well as the instrumentation
and control equipment. Phase one will have a total capacity of approximately
700 megawatts. Phase two will include engineering and supply of major
equipment including four heat recovery steam generators (HRSGs), two steam
turbines with generators and the instrumentation and control system. Siemens
will also provide technical field assistance (TFA) during the erection and
commissioning for both phases of the project. The customer is Elecnor, one of
Spain’s leading engineering and construction companies. It is erecting the
plant on a turnkey basis for Petróleos de Venezuela S. A. (PDVSA), the largest
oil company in Latin America. The plant is scheduled to begin commercial
operation in 2015.

The Juan Manuel Valdez Güiria plants are to be built in the port city Güiria
in the Eastern Venezuelan province of Sucre. Siemens’ scope of supply for
phase one of the power plants consists of four SGT6-5000F gas turbines and
four SGen6-1000A generators, four bypass stacks and the SPPA-T3000 control
system. Phase two will include four HRSGs, two SST6-5000 steam turbines with
SGen6-1000A generators and an additional SPPA – T3000 control system. “This
important project to Venezuela's power needs marks another milestone in our
long history of supplying reliable power plant solutions in Venezuela,” said
Rainer Hauenschild, CEO of Energy Solutions at Siemens Energy. “Siemens has
been active in Venezuela for almost 60 years and we are currently active in
the construction of the Termocentro power plant near Caracas and Termozulia
III in Maracaibo,” Hauenschild added.

Components for highly efficient power plants are part of Siemens’
Environmental Portfolio. In fiscal 2011, revenue from the Portfolio totaled
about €30 billion, making Siemens one of the world’s largest suppliers of
ecofriendly technologies. In the same period, our products and solutions
enabled customers to reduce their carbon dioxide (CO[2]) emissions by nearly
320 million tons, an amount equal to the total annual CO[2] emissions of
Berlin, Delhi, Hong Kong, Istanbul, London, New York, Singapore and Tokyo.

The Siemens Energy Sector is the world’s leading supplier of a complete
spectrum of products, services and solutions for power generation in thermal
power plants and using renewables, power transmission in grids and for the
extraction, processing and transport of oil and gas. In fiscal 2011 (ended
September 30), the Energy Sector had revenues of EUR24.9 billion and received
new orders totaling approximately EUR31.8 billion and posted a profit of
EUR3.9 billion. On October 1, 2011, the Energy Sector had a work force of more
than 82,000. Further information is available at: www.siemens.com/energy.

Contact:

Media Relations:
Siemens AG
Gerda Gottschick, +49 9131 18-85753
Energy Sector - Fossil Power Generation Division
gerda.gottschick@siemens.com