February 27, 2015 11:58 AM ET

Electrical Equipment

Company Overview of Mitsubishi Hitachi Power Systems, Ltd.

Company Overview

Mitsubishi Hitachi Power Systems, Ltd. manufactures thermal power generation systems. It offers fossil fuel power plant solutions, such as conventional power plants, gas turbine combined cycle power plants, integrated coal gasification combined cycle solutions, boilers, industrial boilers, energy systems, boilers machinery, steam turbines, industrial steam turbines, gas turbines, turbine generators, and flue gas equipment. The company also provides control systems, including integrated supervisory and control systems for thermal power plants. Mitsubishi Hitachi Power Systems, Ltd. was founded in 2014 and is based in Yokohama, Japan. The company has locations/additional offices in Japan, the ...

Mitsubishijuko Yokohama Building

3-1, Minatomirai 3-chome

Nishi-ku

Yokohama,  220-8401

Japan

Founded in 2014

Phone:

81 45 200 6100

Fax:

81 45 200 7989

Key Executives for Mitsubishi Hitachi Power Systems, Ltd.

Chief Executive Officer, President and Representative Director
Vice President, General Manager of Finance Group, Executive Officer and Statutory Auditor
Age: 58
Head of Boiler Products Headquarters, Executive Vice President, Representative Executive Officer, Director, President of Kure Division for Babcock-Hitachi K.K. and General Manager of Kure Division for Babcock-Hitachi K.K.
Executive Vice President, Senior General Manager of Management & Administration Division and Director
Senior Executive Vice President and Director
Age: 59
Compensation as of Fiscal Year 2014.

Mitsubishi Hitachi Power Systems, Ltd. Key Developments

Mitsubishi Hitachi Power Systems, Ltd. Receives Order for Rehabilitation Work in Philippines

Mitsubishi Hitachi Power Systems, Ltd. has received an order from Green Core Geothermal Inc. for rehabilitation work on units no.1-3 at the Tongonan Geothermal Power Plant in Philippines. The upgrade work on the three units, each having an output of 37.5 megawatts (MW), is scheduled for completion in February 2017. The Tongonan Geothermal Power Plant is located in proximity to Ormoc, a port city on Leyte, an island in the Visayas group in central Philippines. MHPS delivered the core equipment for the plant in 1981, enabling the Tongonan facility to support its region's power demand reliably for 34 years. Under the rehabilitation work on order, MHPS will replace the steam path components of the three dated steam turbines at the plant with its newest model. The Philippines is one of the world's foremost generators of geothermal power.

Mitsubishi Hitachi Power Systems, Ltd. Receives Order from Federal Electricity Commission to Enhance Power Plant Capacity

Mitsubishi Hitachi Power Systems, Ltd., or MHPS, has received a full turnkey order from Federal Electricity Commission, or CFE, of Mexico for work to increase the output of four units of coal-fired power plants. By replacing turbines and other core equipment, total generating power at CFE's large-scale power generation plant will be increased from 1,200 megawatts (MW) to 1,320 MW, and generation efficiency will be enhanced. Construction work on the first unit will commence in February 2017, with work on the remaining three units to get under way progressively every six months or so thereafter. The project, which is valued about USD 200 million (approx. JPY 23.0 billion), is scheduled for completion in February 2019. The output expansion order was received through Mitsubishi Hitachi Power Systems de Mexico, S.A. de C.V. (MHPS-MEX), an MHPS business base in Mexico, and Electrica de Rio Escondido S.A. de C.V., a special-purpose company. The work order applies to Units No.1 through No.4 of CFE's Rio Escondido Thermal Power Plant located in the city of Piedras Negras in the state of Coahuila in northern Mexico. The plant's core equipment was originally supplied by Mitsubishi Heavy Industries, Ltd. (MHI) and Babcock-Hitachi K.K. (BHK) in 1982, and for 32 years the plant has dependably provided power to the local region. The construction work on order calls for replacement of this original equipment in order to transform the aging Rio Escondido facility into a highly efficient power plant. MHPS will supply steam turbines and other core equipment, and will also be responsible for all aspects from auxiliary equipment design, manufacture and procurement to civil engineering, installation and test operation.

Mitsubishi Hitachi Power Systems Concludes CPA with Saudi Arabian Oil Company, Including Long-Term Service Agreement for M501F Gas Turbines

Mitsubishi Hitachi Power Systems, Ltd. has concluded a Corporate Procurement Agreement with the Saudi Arabian Oil Company to provide equipment and associated services, spare parts and long-term servicing of gas turbines installed at Saudi Aramco's gas and oil plants. Based on a 14-year, long-term service agreement (LTSA), MHPS will contribute to stable, high-availability operation of facilities by providing maintenance, management, parts supply, parts repair and remote monitoring services for the gas turbines that are a core component of Saudi Aramco's oil and gas plants. Services will be provided through MHI Power Systems Saudi Arabia Co. LLC. To date, a total of 11 units of the M501F gas turbines have been delivered to Saudi Aramco by Mitsubishi Heavy Industries, Ltd., commencing with 2 units for the 151 MW (megawatt) Berri Gas Plant delivered beginning in 2004.

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