Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Wednesday, 19 October 2016, 11:53 HKT/SGT
Share:
    

Source: Mitsubishi Corporation
Mitsubishi Corporation to Construct Combined Cycle Cogeneration Plant in Uzbekistan
- High-efficiency Combined Plant with Supply of Power and Heating -

TOKYO, Oct 19, 2016 - (JCN Newswire) - Mitsubishi Corporation (MC), together with Mitsubishi Hitachi Power Systems Ltd. (MHPS), has been awarded a full turnkey contract by Joint Stock Company Uzbekenergo for the Construction of a Combined Cycle Cogeneration Plant at the Navoi Thermal Power Station in southern Uzbekistan. MHPS will supply the main components while MC, together with Calik Enerji Sanayi ve Ticaret A.S. (CE)(1), a Turkey-based engineering and construction company partially sponsored by MC, will supply the remaining components needed for plant construction and conduct inland transportation as well as civil engineering and installation works. Construction is scheduled for completion in 2019.

This project is aimed at building a high-efficiency combined plant with the capacity to supply 450 MW of power and 200 Gcal/h of heating to homes and establishments locally. The plant is located next to the Navoi 1 power plant(2). This project will be financed by Japanese Official Development Assistance (ODA), and Uzbekistan governmental fund.

Aging infrastructure has led to concerns about the security and reliability of power supply in Uzbekistan, thereby creating an urgent need for the construction of additional facilities and the upgrading of existing ones. This project is therefore regarded as an important part of efforts to address these concerns, contributing to the stable supply of electricity and heating, and in turn to stability in Uzbekistan's economy.

Through this new project, MC is aiming to continue contributing to the stable supply of electricity and to economic growth in Uzbekistan, while at the same time pursuing its goal of expanding its power generation business across Central Asia.

(1) The partnership between Calik Holding(Calik), one of leading conglomerates in Turkey, and MC dates back to the 1990's when the two companies started collaborating on a number of plant construction projects in Central Asia. On 4 June, 2015, MC entered into a strategic alliance with Calik and CE, a subsidiary of Calik that includes the acquisition of shares in CE and exchange of personnel.

(2) MC, together with MHPS, has supplied the main components and which has been in operation since 2013.


About Mitsubishi Corporation

Mitsubishi Corporation (MC; TSE: 8058) is a global integrated business enterprise that develops and operates businesses across virtually every industry including industrial finance, energy, metals, machinery, chemicals, foods, and environmental business. MC's current activities are expanding far beyond its traditional trading operations as its diverse business ranges from natural resources development to investment in retail business, infrastructure, financial products and manufacturing of industrial goods. With over 200 bases of operations in approximately 80 countries worldwide and a network of over 500 group companies, MC employs a multinational workforce of nearly 60,000 people. For more information, please visit www.mitsubishicorp.com.

Contact:
Mitsubishi Corporation
Telephone: +81 3 3210 2171 
Facsimile: +81 3 5252 7705



Oct 19, 2016 11:53 HKT/SGT
Source: Mitsubishi Corporation

Mitsubishi Corporation (TSE: 8058)

Topic: Press release summary
Sectors: Energy
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2017 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.


Multimedia
View Image
 

Mitsubishi Corporation
June 14, 2017 18:18 HKT/SGT
Ship-to-ship LNG Bunkering Service Started in the Port of Zeebrugge
June 13, 2017 09:48 HKT/SGT
Mitsubishi Corporation has Reached Agreement to Sell its Interests in the Hunter Valley Operations and Warkworth Coal Mines in Australia
Apr 7, 2017 10:51 HKT/SGT
Mitsubishi Corporation to Be Part of Europe's Largest Battery Storage Project in Germany
Apr 5, 2017 15:15 HKT/SGT
Mitsubishi Corporation Power Systems Participates in Biomass Power Generation Project
Mar 28, 2017 09:19 HKT/SGT
Mitsubishi Corporation to Set Up Hospital Management Venture in Myanmar
Feb 28, 2017 12:06 HKT/SGT
Mitsubishi Corporation to Construct Geothermal Plant in Kenya
Feb 15, 2017 18:25 HKT/SGT
World's First Purpose-built LNG Bunkering Vessel Delivered to ENGIE, Fluxys, Mitsubishi Corporation and NYK
Jan 13, 2017 11:10 HKT/SGT
Mitsubishi Corporation and Partners Launch Energy Storage Demonstration Project in Delhi, India
Dec 22, 2016 15:10 HKT/SGT
Mitsubishi Corporation Advances LNG Carrier Joint Venture for Cameron LNG Project
Dec 16, 2016 15:00 HKT/SGT
Mitsubishi Corporation Signs Strategic Cooperation Agreement with Gazprom
More news >>
 News Alerts
Copyright © 2017 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 10 8405 3688 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 5791 1818

Connect With us: