Mitsubishi Wins Contract For 1400 MW Plant

Mitsubishi Power signed a full turnkey contract for the engineering, procurement and construction (EPC) of a 1400 MW power plant with Hin Kong Power Company Ltd, an independent power producer (IPP) in Thailand. Mitsubishi Power will provide two M701JAC gas turbines for the natural gas-fired turbine combined cycle (GTCC) facility. The contract includes a 25-year long-term service agreement (LTSA) for the project. Under this agreement, Mitsubishi Power will provide maintenance on the power plant’s gas turbines to help ensure reliable operations. Commercial operations will begin in March 2024 and January 2025.

The GTCC facility will be built approximately 100 km west of Bangkok. The owner, Hin Kong Power Company Limited, is a special purpose company (SPC) jointly established by RATCH Group Public Company Limited and Gulf Energy Development Public Company Limited, two major IPPs in Thailand. Power generated from the plant will be sold to the Electricity Generating Authority of Thailand, providing high efficiency, clean energy to support the power demand in the country.

Mitsubishi Power has a long relationship with RATCH Group, providing power generating systems for steam power and GTCC power plants since the 1990s. Mitsubishi Power has also received four orders from Gulf Energy Development for GTCC power plants over the last ten years. Including this project, Mitsubishi Power will have supplied a total of 22 gas turbines for RATCH Group and Gulf Energy Development projects, and the total capacity of power generation facilities provided by Mitsubishi Power will be over 15 000 MW. The track record established with these two companies led to this current contract, Mitsubishi said.

The high-temperature exhaust gas from the gas turbines is used to drive the steam turbine to produce electricity. Compared to conventional coal-fired thermal power plants, CO₂ emissions can be reduced by 70%, providing an annual reduction of 7 million tonnes of CO₂ from 1400 MW of generating capacity, the company said.