2017.11.01
Marubeni
Power Systems Corporation (President: Ken Muroie, “MPSC”) has been awarded the
Rehabilitation and Upgrade Project of Tharkayta Combined Cycle Power Station
(“Project”) from Electric Power Generation Enterprise (“EPGE”), and signed the
contract on October 31, 2017. The capacity of the power station will be
increased to 66 MW after the rehabilitation and have an EPC contract value of
approximately 2.5 billion Japanese yen. This is the first power plant project
financed by Japanese Yen Credit after the change of the Myanmar government in
April 2016.
Tharkayta Combined Cycle Power Station (current output: approx. 24MW) is
located in the Tharkayta area in Yangon, and this project is to rehabilitate
the station’s Gas Turbines and Gas Turbine Generators by uprating their
capacity and efficiency. The scope of MPSC includes engineering, procurement,
erection work and commissioning, and the rehabilitation is expected to be
completed in October 2019. The parts for the Gas Turbines will be supplied by
General Electric International, Inc. and GE Global Parts & Products GmbH,
and the parts for the Gas Turbine Generator will be supplied by Mitsubishi
Hitachi Power Systems, Ltd.
Tharkayta Combined Cycle Power Station was originally constructed by Marubeni
Corporation (“Marubeni”) in 1990 as a Gas Simple Cycle Power Station with only
three Gas Turbines. In 1997, Marubeni was contracted an add-on project to
convert Tharkayta Power Station into a Combined Cycle Power Station by adding
three Heat Recovery Steam Generators, one Steam Turbine and one Steam Turbine
Generator. This contract is to rehabilitate the Gas Turbines and Gas Turbine
Generators by introducing new technology, ensuring higher output (the output
from Gas Turbines only after rehabilitation: approx. 66MW).
Capitalizing on our extensive experience in power plant construction projects,
MPSC, together with Marubeni, will continue to seek opportunities to contribute
to a stable power supply in Myanmar.
<Summary of EPGE>
Company Name : Electricity Power Generation Enterprise
Foundation: April, 2016
Representative: Mr. Khin Maung Win
Company History: Under the Myanmar government newly organized in April 2016,
the Ministry of Electric Power and Ministry of Energy were merged into the
Ministry of Electricity and Energy (“MOEE”). EPGE was established under MOEE.
<Project Summary>
Project Name: Rehabilitation and Upgrade Project of Tharkayta Power Plant
Client: EPGE
Fund: Japanese Yen Credit
Type of Power Plant: Turn-key of rehabilitation work for gas simple cycle power
plant (Gas Turbine x 3, Gas Turbine Generator x 3, output after rehabilitation:
approx. 66MW)
Contract Price: Approximately 2.5 billion Japanese yen
Construction Site: Tharkayta area, Yangon