Mitsubishi Hitachi Power Systems, jointly with Marubeni Corporation, has received an order for two M501J gas turbines and a steam turbine for the new 950 megawatt class LNG-fired Pyeongtaek Combined Cycle Power Plant to be built by Shin Pyeongtaek Power.
Shin Pyeongtaek Power is a special purpose company established by Korea Western Power, GS Energy Corporation and other companies. In addition, MHPS signed a long-term service agreement for the gas turbines, which are core components of natural gas-fired, gas turbine combined cycle power plants, the company said in a statement.
The turbines will be supplied to a consortium led by Posco Engineering & Construction and Seohee Construction that is charged with engineering, procurement and construction of the plant.
The plant is slated to commence operations in November 2019. The newly received order, on the heels of order from Chuncheon Energy in December 2014, brings the total number of M501J gas turbines ordered in Korea to 16.
Shin Pyeongtaek Power will build the new LNG-fired Pyeongtaek Power Plant in Pyeongtaek, Gyeonggi-do, which is approximately 80 kilometers south of Seoul. Once on line, the power generated at the plant will be sold to Korea Power Exchange and serve to support power demand in the capital and the surrounding area.
The new GTCC plant will mainly consist of two M501J gas turbines, a steam turbine and a generator, of which MHPS is responsible for manufacture and supply of gas and steam turbines, plus dispatch of engineers to provide guidance at the construction site. Under the terms of the LTSA, MHPS will also provide parts, repairs, maintenance services for the gas turbines and other equipment, as well as remote monitoring of vital operating data to support stable operation going forward.