These two companies are making a 240 million euro investment in the plant.

BASF Aktiengesellschaft in Ludwigshafen, Germany, and Siemens Power Generation in Jakarta, Indonesia, signed an agreement for the construction of a new combined heat and power plant. The companies are making a 240 million euro investment in the plant and its integration into the Ludwigshafen site's energy infrastructure.

The new 440 MW natural gas-fired plant will supply electricity and 650 metric tons of steam per hour to BASF's Ludwigshafen production facilities. Construction work is scheduled to begin in the fall of 2003 at the location of the former mid-site power plant. Demolition work currently is being carried out on the former coal-fired power plant's chimney and flue gas treatment facilities.

Siemens is delivering the turnkey power plant, which will consist of two gas turbines, one steam turbine, three generators, all mechanical equipment and components including two heat-recovery steam generators, as well as electrical systems and equipment, and instrumentation and control systems.