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TGL – Tikitere Geothermal Power Plant 45 MW – Bay of Plenty - Project Profile

TGL – Tikitere Geothermal Power Plant 45 MW – Bay of Plenty - Project Profile

Synopsis

"TGL – Tikitere Geothermal Power Plant 45 MW – Bay of Plenty - 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 "TGL – Tikitere Geothermal Power Plant 45 MW – Bay of Plenty - 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

Tikitere Geothermal Power Ltd (TGL) is planning to undertake the construction of a power plant in Bay of Plenty, New Zealand.

The project involves the construction of a 45MW geothermal power plant on 900ha of land. It will include the construction of a substation, a powerhouse, cooling towers and related facilities, the installation of steam turbines, generators and transformers, and the laying of transmission lines.

In June 2011, Tikitere Ltd Partnership, a subsidiary of Ormat Technologies Inc., entered into build, operate and transfer (BOT) agreement with TGL to explore, develop, supply, construct, own, operate and transfer the plant.

In February 2012, Ormat Technologies received an approval from the Overseas Investment Office to develop the project and The BOT agreement is conditional upon receiving regulatory approval.

In May 2013, Tikitere Ltd partnership initiated the process of appointing management services consultants.

In February 2015, TGL applied for consent to start drilling at the site.

As of May 2015, project is being delayed due to a conflict over the site among the joint venture partners.

The project is expected to commence in 2018 and scheduled for completion in 2019.

Scope

The project involves the construction of a 45MW geothermal power plant on 900ha of land at Tikitere in Rotorua, Bay of Plenty, New Zealand.

The US$143 million project includes the following:

1. Construction of a substation

2. Construction of a powerhouse

3. Construction of cooling towers

4. Installation of steam turbines

5. Installation of generators

6. Installation of transformers

7. Laying of transmission lines

8. Construction of related facilities

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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