Page 1

1

INVESTOR MANAGEMENT DAY ‒ POWER


2

Power within the Group Five structure Power – South Africa Power – Africa Recent Experience


3

Power within the Group Five Structure


4

Investments & Concessions

Manufacturing

Construction Materials

Construction

Building & Housing

 Civil Engineering  Engineering ‒ Engineering Projects

‒ Energy


Engineering

MEP

Power Maintenance

Industrial

MEP (UAE) UAE

Energy (SA & Africa)

Oil & Gas

Mining

Engineering Projects (SA & Africa)

MEP – Mechanical, Electrical and Piping


Services

Hydro*

Erection

Projects

Maintenance

Power

Traction*

Turbines

Renewable

Energy

Oil and Gas Electrical & Control

* New businesses


7

Power ‒ South Africa


Decentralised Power Generation

Transmission Primary Fuel Supply

Distributed Power Generation

Distribution / Municipal Substations

Transmission / Inter-Connector Substations

Centralised Power Generation

Transmission

Transmission

Distance Apart

Distribution End User


ESKOM

Co-Generation

IPP’s

Industrial

Base Load, Mid Merit and Peakers

Base Load, and Emergency

Base Load and Mid Merit

Emergency

• Development of and participation with developers in innovative Independent power projects

• Rental Power • Supply and Install

• Actively Participate in Eskom Tenders • Actively participate in Main Equipment supply tenders

• Actively Participate in Consortium bids • Development of own projects

Key Focus Sectors


* Source: Eskom Feb/March 2008


11

 Eskom Philosophy is to Project Manage and Engineer the majority of the Power Station

General Infrastructure, roads and facilities

 They issue multiple tenders (approx 160) to Main Equipment suppliers and contractors

Housing and facilities

 Group Five focus is participation directly with Eskom and/or Main Equipment suppliers

Geotechnical and EIA Balance of Plant Procurement Boiler and Generator package (awarded) Power Island Civils (awarded)

Mechanical & Electrical construction - Power Island Mechanical and Electrical construction - General Materials Handling Package Cooling Package Milling and Feed Package

Ash Handling system etc


Group Five Focus * Source: Eskom Feb/March 2008


13

Power ‒ Africa


     

Do not work for Governments or Parastatals Follow a stringent Risk Review on Country and Projects before submission of bid Payment to be 100% secured in facility approved by Group Five Returns must exceed those of normal South African Projects Much higher percentage of negotiated, multi disciplinary, Turnkey projects Higher Margin business

Technology Partners

• Gas Turbines • Hydro Projects • Coal fired Stations

Captive Power Plants

• Actively Participate in Consortium bids • Development of own projects

Independent Power Plants

• Development of, and participate with, Developers in innovative IPP’s

Industrial

• Rental Power • Supply and Install


IVORY COAST Gas Turbine Projects

Target NO

Total R1bn

GHANA Tema Takoradi

NO

Target

Total

NO

R3bn

NO

R200m

NO

Kalahari gas

YES

R800m

Mmamabula

YES

R4b

Moropule

NO

R120m

YES

R650m

Eskom - Medupe

YES

Various

Eskom - Bravo

YES

Various

R600m

Various Projects

R430m

BOTSWANA

YES

220m

BENIN Tuten Engineering

Various Projects TANZANIA

TOGO Contour Global Electrotogo

KENYAPK fix black ,lines

MOZAMBIQUE

NO

R250m

IPC - IBOM Phase II

YES

R1.4bn

Geometric Power - Aba Phase II

YES

R80m

Geometric Power – Newco

YES

R900m

Eskom - Nuclear

YES

Various

Natus – Ikorudo

NO

R450m

Eskom – Combined Cycle

NO

Various

Dangote Cement – Obajana Phase II

YES

R90m

Eskom - Upgrades

NO

Various

Eskom – Wind Generation

EOI

Various

Dangote Cement - Shagamo

YES

R350m

Dangote Cement - Ibese

YES

R400m

Eskom – Ingula Pumped Storage

YES

Various

Sasol Secunda

YES

R350m

NIGERIA

CAMEROON

Nacala SOUTH AFRICA

AES Sonel - Kribi

YES

R620m

Straits Chemical - Couga

NO

R200m

GEOVIK

YES

R220m

DME - PE

NO

R156m

Co-Generation - 10 Projects

YES

R1.5b

Thos Begbie Phase II & III

YES

R45m

NO

R600m

ETHIOPIA GE Gilgel - Gibe III

YES

R1.7b

Burkino Faso Esakani Gold

G5 operates in the countries highlighted above

Namibia YES

R110m

Nampower - Walvis Bay


16

Private Power Client

Main Equipment Supplier

Site Construction

Others depending on location

Design

Sub Contractors and Sub Suppliers


17

Why Group Five is positioned for Power Experience

Skills

Group Five is the only South African constructor with current power project experience Group Five has built and is building Power Projects with more in the pipeline

Group Five has trained and grown Power Project skills Group Five design partners have been trained by General Electric

Partners

Group Five has established strong partners with GE business units across all disciplines and sectors and has the full support at every level of management Group Five has established a credible supply chain of suppliers and sub contractors Group Five had “home grown� Engineering Consultants for Power project

Capacity

Long time period from inception to execution allows planning of Capacity and resources


18

Recent Experience


19

EPC TURNKEY

Other opportunities

Equity / Developer role

Emergency and Long term Rental

Operate and Maintain

Future

Balance of Plant Procurement

Gas Turbine Procurement

Civil Design

Process Design and Integration Engineering

Specialised Project Management

Logistics, shipping, transport and heavy lifts

Site Establishment

Earthworks and Civil construction

Mechanical and Electrical construction

Cold Commissioning BOP Systems

Preparation Commissioning – Gas Turbines

Performance Testing

Handover

Warranty and Performance Guarantees

Part


The Project

2005 Perrini Corporation Open Cycle Gas Turbines Iraq R48m

Mandated Lead Civil and Erection

Financial Characteristics

Sponsor  Perrini Corporation  US Military

Project  Design, Civil and erection of LM6000 PC Sprint  Plant have a nominal capacity of 45 MW and are located near Amarah, Buzurgan State Project cost: R48m


2006 Wassa Gold Mine Ghana

R35m

G5 = Mandated Lead EPC

The Project

Financial Characteristics

Sponsor  Wassa Gold Mine Project  Design, supply, construct and commission.  Plants have a nominal capacity of 18 MW and are located near Tarkwa, Ghana  Catterpillar High Speed Diesels Project cost: R35m

 Mine Balance Sheet


2005 IPC Nigeria Open Cycle Gas Turbines Nigeria R980m

G5 = Mandated Lead EPC

The Project

Financial Characteristics

Sponsor  IPC (subsidiary of AKIPOK Corporation)  Federal Government  Fortris Bank Project  Design, supply, construct and commission  Plants have a nominal capacity of 180 MW and are located near IBOM, Akwa Ibom State  Power Holding Company of Nigeria (PHCN) acts as Purchaser  Gas Supplier is NGC  First IPP in Nigeria

Project cost:  R980m Revenue allocation:  R350m - GE  R170m - Other

R460m - Group Five


2007 GPAL Nigeria Open Cycle Gas Turbines Nigeria R840m

G5 = Mandated Lead EPC

The Project

Financial Characteristics

Sponsor  Geometric Power Corporation  African Development Corporation  Diamond Bank  Stanbic Project  Design, supply, construct and commission  Plants have a nominal capacity of 120 MW and are located near ABA, ABIA State  GPAL (Distributor) acts as Purchaser  Gas Supplier from Shell

Project cost:  R840m

Revenue allocation:  R350m - GE  R105m - Other R385m - Group Five


2008 Thos Begbie Open Cycle Gas Engines

R14m

G5 = Mandated Lead EPC

The Project

Financial Characteristics

Sponsor  ADC  RMB South Africa  Carbon Credits - CAMCO Project  Design, supply, construct and commission.  Plants have a nominal capacity of 11MW and are located near Middelburg, South Africa  Captive Power Plant  Gas Supplier from Sasol

Project cost: R66m

Group Five Investor day  

Power

Read more
Read more
Similar to
Popular now
Just for you