State-owned utility Azerenerji JSC, based in Baku, Azerbaijan, has awarded Siemens a contract for the turnkey installation of a combined cycle power plant.

The contract, valued at approximately €260 million, will see Siemens develop a 500 MW gas-fired plant at Sumgait, 30 km northwest of the capital Baku.

The seawater-cooled plant is to be built at an existing power plant site on the Caspian Sea and will include two gas turbines, one steam turbine and three generators along with the entire mechanical equipment with two heat-recovery steam generators, and the electrical and I&C equipment. Commercial operation is due to begin in the autumn of 2007