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| Name | Symbol | Market | Type |
|---|---|---|---|
| Singapore Tech Engineering Ltd (PK) | USOTC:SGGKY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2.85 | 9.00% | 34.50 | 33.80 | 35.20 | 36.25 | 34.50 | 36.25 | 2,567 | 22:00:01 |
From Jan 2020 to Jan 2025
By Max Bernhard
Siemens AG (SIE.XE) said Monday it jointly received a major order for a floating power plant in the Dominican Republic, together with Singapore Technologies Engineering Ltd. (S63.SG).
The order from Seaboard Corp. (SEB) subsidiary Transcontinental Capital Corp. (Bermuda) is for a SCC-800 2x1C SeaFloat barge-mounted power plant, Siemens said.
The Estrella del Mar III project is scheduled to start operation in Santo Domingo in spring 2021, it said. Siemens said it will provide a combined-cycle power plant with a capacity of 145 megawatts, as well as a hybrid system, which combines a cycle power plant with a battery energy-storage system.
"ST Engineering will be responsible for the engineering design, procurement and construction of the floating power barge, the balance of plant and the installation of the floating power plant," Siemens said.
Write to Max Bernhard at max.bernhard@dowjones.com; @mxbernhard
(END) Dow Jones Newswires
December 03, 2018 04:50 ET (09:50 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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