PROJECTS / Termocandelaria 314 MW Power Station EPC Contractor

Termocandelaria 314 MW Power Station EPC Contractor

Latin America and the Caribbean

October 22, 2020

K&M served as the turnkey Engineering-Procurement-Construction (EPC) contractor to KMR Power Corporation. K&M had overall technical responsibility for a complete range of engineering services for the 314 MW TermoCandelaria gas-fired simple cycle power project, utilizing 501-F advanced turbine technology. K&M services included conceptual and detailed engineering design, construction management, equipment procurement, environmental permitting, inspection, testing, startup, operation and commissioning of the plant. In consortium with Siemens Westinghouse, which provided the combustion turbine generators, K&M procured and constructed the balance of the plant’s equipment and materials. The facility consists of 2×150 MW gas turbines, a 220 kV switchyard, 1 km of double circuit 220 kV transmission line, water and wastewater treatment systems and miscellaneous support facilities. Commissioned in June 2000, the $175 million TermoCandelaria project operates as Colombia’s first 100% merchant plant, selling electricity into the Bolsa, or spot market. It is one of the lowest cost thermal facilities in Colombia. KMR Power Corporation, the project owner and K&M’s sister company, structured the project on a Build-Own-Operate (BOO) basis. Financial close was achieved utilizing an innovative financing package which attracted a pioneering insurance company guarantee. For its innovative financing structure, the TermoCandelaria project was designated as “Latin American Merchant Power “Deal of the Year” in 1999 by Project Finance International.

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