MHPS Receives Order for 2 M501J Gas Turbines and a Steam Turbine at New Pyeongtaek GTCC Power Plant in Korea
-- Cumulative J Series Gas Turbine Orders from Korea Reach 16 Units --

Yokohama, May 22, 2015 -- Mitsubishi Hitachi Power Systems, Ltd. (MHPS), jointly with Marubeni Corporation, has received an order for two M501J gas turbines and a steam turbine for the new 950 megawatt (MW) class LNG-fired Pyeongtaek Combined Cycle Power Plant to be built by Shin Pyeongtaek Power Co., Ltd., a special purpose company (SPC) established by Korea Western Power Co., Ltd. (KOWEPO), GS Energy Corporation and other companies. In addition, MHPS signed a long-term service agreement (LTSA) for the gas turbines, which are core components of natural gas-fired, gas turbine combined cycle (GTCC) power plants. The turbines will be supplied to a consortium led by POSCO Engineering & Construction Co., Ltd. (POSCO E&C) and SEOHEE Construction Co., Ltd. that is charged with engineering, procurement and construction (EPC) 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.