Emerson to Modernize Poland Thermal Plant - Analyst Blog


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Recently, Emerson Electric Co.'s ( EMR ) Process Management division received a contract from Poland-based Belchatów power plant. The scope of the $21-million contract requires Emerson to modernize the plant's control and monitoring systems and electrical systems on Unit 2. The work is expected to begin in 2016 and will be operational by 2017.

The Unit 2 has a capacity of 370-megawatt and upgrading this unit is an important reconstruction and modernization program to extend the life of the plant by increasing its efficiency and reliability, reducing emissions and enhancing its ability to meet demand from the national electrical grid. 

Prior to this, Emerson has worked on 10 Belchatów's units and this is the eleventh one. As the main contractor for the modernization, Emerson Process Management will be responsible for updating the unit's instrumentation, control and electrical subsystems. Automation technologies will include Emerson's Ovation expert control system, Rosemount wireless measurement and analytical equipment, AMS Suite predictive maintenance software and CSI Monitor for turbine vibration analysis. This apart, Emerson will also execute upgradation services on the generator, transformers, feeder ducts, switchgear and other electrical subsystems.

The Belchatów plant is owned by PGE Górnictwo I EnergetykaKonwencjonalna SA. This 13-unit, 5,354-megawatt produces approximately 20% of the power generated in Poland. It is the largest thermal power plant in Europe and is also the largest lignite-fired plant in the world.

Emerson currently holds a Zacks Rank #3 (Hold). Other companies in the industry that are worth considering at the moment are Rexnord Corporation ( RXN ), AO Smith Corp. ( AOS ) and Quanta Services Inc. ( PWR ). AO Smith Corp has a Zacks Rank #1 (Strong Buy) while Rexnord and Quanta carry a Zacks Rank #2 (Buy).

SMITH (AO) CORP (AOS): Free Stock Analysis Report

EMERSON ELEC CO (EMR): Free Stock Analysis Report

QUANTA SERVICES (PWR): Free Stock Analysis Report

REXNORD CORP (RXN): Free Stock Analysis Report

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