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Panda – Sherman Natural Gas Facility Expansion 500 MW – Texas - Project Profile

Panda – Sherman Natural Gas Facility Expansion 500 MW – Texas - Project Profile

Synopsis

"Panda – Sherman Natural Gas Facility Expansion 500 MW – Texas - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "Panda – Sherman Natural Gas Facility Expansion 500 MW – Texas - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

Panda Power Funds (Panda) is planning to expand a natural gas power facility in Sherman, Texas, the US.

The project involves the construction of a 450 to 500MW natural gas power plant. It includes the construction of a powerhouse, a substation and related infrastructure, the installation of generators and transformers, and the laying of transmission lines.

The Sherman Economic Development Corporation (SEDCO) Board of Directors approved a US$2.5 million development incentive for the project. The incentive will be paid in three installments based on company performance criteria outlined in the agreement.

In August 2015, Panda submitted an application for an air permit with the Texas Commission on Environmental Quality.

In March 2016, Panda has filed a lawsuit against Electric Reliability Council of Texas for providing the flawed date on projected power demand which led to the development of Panda Sherman Power Project.

Planning activities are underway.

Scope

The project involves the construction of a 450 to 500MW natural gas power plant in Sherman, Texas, the US.

The US$300 million project includes the following:

1. Construction of a powerhouse

2. Construction of a substation

3. Installation of generators

4. Installation of transformers

5. Laying of transmission lines

6. Construction of related infrastructure

Reasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix

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