Primoris Services Corp. (Nasdaq: PRIM) signed a $55 million contract to design, procure and construct a new natural gas-fired power plant in California.
Work on the Glenarm Repowering Project is scheduled to begin in the third quarter of 2014 and for completion in the second quarter of 2016. Included in the scope of work is demolition of the 50-year-old GT-5 steam generator at the former plant.
The repowering project includes replacing Unit 5 with a 71-MW combined-cycle unit, which includes a new gas turbine, steam turbine, once-through steam generator, wet-type cooling tower, water storage tanks, electric fuel gas compressors, an electric air compressor, and a 125-foot-tall stack.
As part of its 2009 Integrated Resource Plan, the Pasadena Department of Water and Power decided to replace the inefficient local generating units at the power plant. The plant consists of two facilities: the Glenarm site to the west and the Broadway site to the east.
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