FRIDAY, March 29, 2024
nationthailand

PTT Global Chemical extends turbine deal with GE

PTT Global Chemical extends turbine deal with GE

PTT Global Chemical Public Co. Ltd (GC) has signed a 10-year extension to a multi-year agreement for GE to service six GE 6B and three Frame 5 gas turbines at the petrochemical company’s power plant at the Map Ta Phut Industrial Estate in Rayong.

GE will also provide its Asset Performance Management (APM) software as part of GE's digital energy portfolio. The MYA was signed at a ceremony yesterday in Bangkok attended by Kongkrapan Intarajang, chief operating officer for upstream petrochemical business at GC, and Darren Garwood, region general manager for Asia Pacific at GE Power.
Garwood said that it will service as a showcase in Thailand for how APM can help modernise the Kingdom's energy sector as part of the Thailand 4.0 growth plan.
“Everywhere we operate, we always align our offerings and solutions to our customer's strategic objectives. In Thailand for example, one of the big focuses in the energy sector is to increase efficiency, and reduce cost and carbon emissions. All of our solutions suite that are available in the region can help our customers achieve those targets,” he said.
“As we are talking about predictive maintenance, data collection, real time access to data, data analytic and even machine learning will help customer to minimise risk as much as possible and at the same time maximise their budget. APM could help cost reduction of between 10-15 per cent.”
Kongkrapan said: “As a leader in the chemicals business, we are dedicated to combining environmentally friendly innovations with advanced technologies to develop products that improve lives. GC has a long-standing relationship with GE. We have decided to extend the service agreement by 10 years to enhance our operations and digitise the power plant.”
GC is the leading petrochemical company in Thailand and the chemical flagship of the PTT Group, which owns 29 GE gas turbines. GE started working with the PTT Group at the Map Ta Phut estate in 1989. The original MYA began in 2009, and with this new 10-year extension, the MYA will continue to 2032. 
Specifically, GE's total plant services solutions will help GC reduce operating costs, achieve higher availability by extending the inspection interval from every three years to every four years, and increase reliability and efficiency.
“In this day and age, reliability and efficiency are crucial elements of power plant operations,” said Ramesh Singaram, president of GE Power in APAC. “Our platform of total plant solutions provides a full spectrum of digital offerings and plant improvement services that we are implementing to help GC increase the reliability of its plant, and ultimately will support Thailand's target to reduce electricity costs. Our long-term working relationship with GC, along with a good co-operation, has led them to extend the MYA by 10 additional years.” 
The project also represents the first installation in Thailand of GE's Predix APM software. APM uses advanced predictive analytics to analyse data, helping to detect and diagnose equipment problems before they occur, increasing asset reliability and availability whilst also reducing operations and maintenance costs. It delivers these improvements by connecting disparate data sources within a plant and using advanced analytics to turn that data into actionable insights.
 

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