Engineering and Modernisation Services for Thermal Power Plants
IVICOM Holding GmbH brings specialist engineering expertise to thermal power generation projects — including steam turbine plants, combined heat and power (CHP) facilities, gas turbine installations, and industrial boiler systems. We provide technical consulting, detailed engineering, and construction supervision services for both new-build and rehabilitation projects across Central and Southeast Europe.
Thermal power infrastructure in Southeast Europe is undergoing significant transformation as markets adapt to EU energy and climate policy. IVICOM supports asset owners and operators in maximising the performance and operational lifespan of existing thermal assets, while providing honest technical advice on long-term planning in the context of the energy transition.
Our Thermal Power Plant Services
From feasibility and detailed engineering to plant rehabilitation and performance optimisation, IVICOM covers the full spectrum of technical services for conventional thermal power generation. Our team has experience with steam cycle, gas turbine, and combined cycle (CCGT) configurations at plant capacities ranging from small-scale industrial CHP units to large-scale public utility installations.
- Feasibility studies and technical due diligence for thermal power assets
- Detailed engineering for steam cycle, gas turbine, and CCGT plants
- Boiler, turbine, and generator auxiliary systems engineering
- Rehabilitation and life extension programmes for ageing thermal assets
- Combined heat and power (CHP) plant design and thermodynamic optimisation
- Construction supervision and commissioning management
Our Strengths in Thermal Power Engineering
Our thermal engineering team combines deep technical knowledge of steam cycle thermodynamics, combustion systems, and turbine-generator sets with a practical understanding of the regulatory and market environment for thermal generation in Southeast Europe. This combination enables us to deliver technically robust and commercially realistic solutions for our clients.
We also support asset owners in planning responsibly for the energy transition — including technical studies for co-firing, fuel switching, biomass conversion, and heat network integration, as well as decommissioning planning.
Thermal Engineering
In-depth expertise in steam thermodynamics, combustion systems, and turbine-generator engineering across a range of plant configurations and capacities.
Rehabilitation Experience
Extensive track record planning and supervising thermal asset rehabilitation — extending operational life while improving efficiency and emissions performance.
Transition Planning
Technical studies for co-firing, fuel switching, biomass conversion, and repowering to help thermal asset owners plan for the energy transition.
Frequently Asked Questions
IVICOM provides engineering services for a range of thermal power plant types: coal and lignite-fired steam plants, natural gas combined cycle (CCGT) and open cycle gas turbine (OCGT) plants, industrial combined heat and power (CHP) facilities, biomass and waste-to-energy plants, and heavy oil and diesel-fuelled back-up generation. Plant capacities range from small-scale industrial CHP units to large utility-scale installations.
Yes. Rehabilitation of ageing thermal assets is one of our core competencies. We conduct thorough technical condition assessments, develop rehabilitation scope and methodology, prepare detailed engineering packages, and supervise construction and recommissioning. Our rehabilitation projects focus on improving thermal efficiency, extending operational life, and reducing emissions to meet current regulatory standards.
We take a pragmatic, technically rigorous approach. For each client, we assess the technical and economic viability of transition options — including co-firing with biomass or hydrogen, fuel switching to natural gas, repowering with renewables, CHP network integration, and decommissioning planning. We provide honest, independent technical advice that accounts for both the asset's current condition and the long-term regulatory trajectory in the relevant market.
Yes. We provide independent technical due diligence services for buyers, sellers, and lenders involved in thermal power asset transactions. Our due diligence scope typically covers plant condition assessment, remaining useful life estimation, capital expenditure forecasting, compliance status, and key technical risks. We have experience supporting both private equity transactions and project finance processes for thermal generation assets.
Our thermal power engineering activities have spanned Austria, Serbia, Montenegro, Croatia, Bosnia and Herzegovina, and Georgia — markets where thermal generation plays a significant role in the current electricity mix and where the transition challenge is particularly acute. Our regional expertise and established regulatory relationships enable us to navigate the complex permitting environment for thermal plant modifications efficiently.
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View all IVICOM Holding engineering services. Related services: Energy Sector Engineering · Renewable Energy Services.