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2005.08.01.
Marubeni Jointly Awarded Large Combined Cycle Power Plant in Thailand

Songkhla combined cycle power plant project for Electricity Generating Authority of Thailand In August 2005, Marubeni and Siemens AG of Germany, were jointly awarded a JPY 33 billion order from the Electricity Generating Authority of Thailand for construction of the Songkhla combined cycle power plant with a gross capacity of 700MW. The project is scheduled for completion in early 2008. Power demand is rising in Thailand in step with rapid economic growth following the Asian financial crisis of 1997-8. This project promises to help enhance the stability of power supplies in Thailand going forward.

2005.07.20.
Marubeni Jointly Awarded Large Vietnamese Coal-Fired Thermal Power Plant with Giant Chinese Manufacturer of Heavy Machinery

The First Jointly Awarded Project with Dongfang Electric Corporation of China
Marubeni Corporation

Marubeni and Dongfang Electric Corporation (hereafter "Dongfang," with its head office located in Chengdu, Sichuan Province), Giant Chinese manufacturer of heavy machinery, have been jointly awarded the contract for the construction of the Hai Phong coal-fired thermal power plant. The project is for Hai Phong Thermal Power Joint Stock Company, which is funded by government-owned Vietnamese companies, such as Electricity of Vietnam.

The value of the contract is about JPY 50 billion, and the total installed capacity of the power plant will be 600 MW. The scope of work of this contract includes engineering, civil works, the supply of the equipment and its installation works on a full turnkey basis. The planned date of completion is the beginning of 2009.

This project marks the first time that Japanese company and Chinese manufacture have been awarded jointly the contract to construct a large-scale power plant in a third country.

Marubeni and Dongfang formed a consortium for this project. Marubeni will supply the main equipments, Steam Turbine and Generator from Fuji Electric Systems Co., Ltd. . Dongfang will manufacture and supply the boilers and the balance of the plant.

The scope of work being undertaken by Marubeni will be funded by the Japan Bank for International Cooperation (JBIC) with private financial institutions considering the provision of buyer's credits . The scope of work undertaken by Dongfang will be funded by the Export-Import Bank of China, which is considering providing buyer's credits.

Chinese manufacturers of heavy machinery are pressing their exports mainly into Asian countries, considering the domestic economic trends after the Beijing Olympic Games in 2008. Vietnam is one of the markets into which China is directing its energies. In Vietnam, some people have been concerned at the lack of experience of Chinese manufacturers in plant supply and construction outside China, although they have price competitiveness. With this project, Vietnam has rated highly the fact that Marubeni, which has a long record of achievement in the construction of power plants in Vietnam, offsetting the deficiency of China in this regard. Consequently, Marubeni and Dongfang have been awarded jointly the contract for the project.

The Ministry of Industry, the Socialist Republic of Vietnam and Electricity of Vietnam have created a long-term power supply program to provide measures that can resolve the issues caused by the increase in power demand due to the recent significant economic growth in Vietnam. This project involves the construction of a new power plant in the northern part of Hai Phong, Vietnam’s third largest city in terms of the economy, and is one of the important projects under that program. The power plant is provided with highly efficient anthracite coal-fired boilers and FGDs, which reduce the environmental burden of the facilities.

Marubeni has been awarded four consecutive contracts for the construction of the Phu My power plant in southern Vietnam. Marubeni has also been awarded the contract for a coal-fired thermal power plant in northern Vietnam, and is now constructing the plant. With the awarding of the contract for this power plant, the total power generation capacity of Marubeni’s facilities in Vietnam exceed 1,800 MW, resulting in a share of about 20 percent of Vietnam’s total power generation.

Marubeni plans to establish a more advanced partnership with Chinese manufacturers of large heavy machinery, including Dongfang, concerning contracts where Chinese manufacturers present an advantage, and to construct new large-scale power plants in third countries.

2005.04.28.
Marubeni Awarded Brunei's First Combined Cycle Power Station

Marubeni Corporation has been awarded a contract for the Bukit Panggal Combined Cycle Power Station, Tutong, Phase 1, with a total output of 110MW by the Ministry of Development, through the Department of Electrical Services Brunei Darussalam (DES) with General Electric Company (GE), the largest gas turbine manufacuturer in the world. The total contract amount is about JPY 10 billion. The scope of work of the contract or consists of Engineering, Procurement and Construction on a full turnkey basis. GE supplies gas turbines, steam turbines and generators, while Toshiba Plant Systems & Services Corporation supplies the Balance of the Plant including heat recovery steam generators air-cooled condenser, Distributed Control System and other electrical auxiliary equipment. The planned completetion date for the project is July 2007, and the project is entirely funded by DES.

This project is the first combined cycle power station in Brunei, which is expected to become the center of the power generation in Brunei. This power station is composing the state-of-the art equipment which was designed with special consideration being given to better efficiency and environmental protection than those of conventional thermal power stations. The heat recovery steam generators (HRSG) generates hot and high pressure steam by using the heat emitted from the gas turbines and feeds this steam to the steam turbine, which generates additional power effectively.

In Burnei, the leadership taken by the government in promoting national development is being transferred to the private sector under the eighth National Development Policy that is effective from 2001 to 2005. The country is required to promote economic diversity by making good use of its abundant oil and natural gas resourses. Consequently, this project is ranked as an important initiative under the abovementioned policy in providing measures that resolve the issues associated with the existing aged power stations and increase of power demands in Brunei. Marubeni submitted its proposal in June 2003 and was awarded as the contractor of the project in April 2005.

Marubeni consecutively won bids for big power projects in Brunei following the 100MW Gadong simple cycle power station including the power transmission line and conversional facilities on a full turnkey basis which Marubeni was also awarded as a contractor in 2000 and completed in 2003.

Marubeni's total installed capacity in Brunei power market will become more than 50 percent of the total installed power output of Brunei and 70 percent of the actual operating rate upon Marubeni's completetion of this Project.

The above figures shows the fact that Marubeni is highly esteemed by the customer in Brunei from the view point of project management ability, which has been acquired through a plenty of power projects experience in the world and good reputation and relationships, which have been built up through the execution of the previous Gadong Project in Brunei.e.i.

Taking advantage of this award, Marubeni intends to put its intense effort into this nation in order to win the future contracts for phases 2,3, and 4, each of which is expected to be a 200MW class power station.