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Description Page - Doosan Power Systems

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DOOSAN BABCOCK ENERGY<br />

Annual Report and Financial Statements 2007<br />

<strong>Power</strong> Projects<br />

We are privileged to be working in what is probably the most exciting<br />

time in 30 years for the global power business. The activity in the<br />

market is unprecedented with capacity expansion and obsolete<br />

equipment replacement plans underway in each of our target markets,<br />

namely, Europe, the Americas and Southern Africa. We are uniquely<br />

placed to compete in these markets with our very strong core<br />

technology, excellent customer relations, a long history of global<br />

operations, competitive pricing and the best people in the industry.<br />

<strong>Doosan</strong> Babcock reached a milestone with its first major new build<br />

order in Europe for decades. This is for two 800 MW state of the art<br />

Posiflow TM ultra-supercritical coal fired units in Germany, incorporating<br />

our best available technology and very high efficiency, and will provide<br />

an excellent reference plant.<br />

Good progress is being made at Trimble County Unit 2, <strong>Doosan</strong><br />

Babcock’s first large utility plant in the USA where we are designing and<br />

supplying a 750 MW supercritical coal fired unit for LGE. Engineering is<br />

moving into the close out phase and with pressure parts, from <strong>Doosan</strong><br />

Heavy, being delivered to site and steel fabrication nearly complete,<br />

erection will begin in early 2008.<br />

The major refurbishment of the Consumers Energy 800MW Campbell<br />

Unit 3 was completed with successful testing. As one of the most<br />

technically complicated repair and maintenance jobs of its kind, this<br />

was testament to <strong>Doosan</strong> Babcock’s design excellence.<br />

08<br />

The USA plant upgrade market is extremely competitive, but our proven<br />

commitment to our customers is driving our success here. For instance,<br />

we have been awarded further projects with Alliant Energy at their<br />

Edgewater and Columbia plants, and We Energies for design and<br />

supply of a superheater at Pleasant Prairie Unit 2, following our<br />

success on Unit 1.<br />

Following establishment of Babcock <strong>Power</strong> Technologies in China in<br />

2006 to focus on the local after-market services and plant upgrade<br />

sector, considerable success was achieved in 2007.<br />

<strong>Doosan</strong> Babcock signed significant contracts to work with China Light<br />

& <strong>Power</strong> in Hong Kong to upgrade and reduce emission levels on their<br />

Castle Peak boilers. Showcasing our expertise, this includes the EPC<br />

of the Emissions Control Boiler Island project at Castle Peak B plant,<br />

involving the supply of a BOFA and optimised Selective Catalytic<br />

Reactor to achieve the emissions requirement.<br />

We won plant upgrade contracts in mainland China for major Chinese<br />

utility groups, including the Posiflow TM retrofit and boiler refurbishment<br />

for Yaomeng Unit 2, a follow on from the successful Yaomeng<br />

Unit 1 retrofit.<br />

We received Provisional Acceptance Certificate on Unit 2 at Wangqu,<br />

where we have also been awarded the contract to supply the SCR for<br />

the two 600MW units at the plant.

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