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Toshiba Subsidiary Wins Contract for Major Coal-Fired Power Generation Project in the Philippines

31 Jan, 2014

Toshiba Plant Systems & Services Corporation

Toshiba Plant Systems & Services Corporation (TOKYO: 1983) today announced that it has been awarded a contract from Mitsubishi Corporation, prime contractor, for the construction of a new coal-fired power plant in Balingasag, on Mindanao Island in the Philippines.

The new plant, to be operated by MINERGY Coal Corporation*1, will adopt circulating fluidized bed boilers*2 and have three 55-megawatt steam turbine generators, securing a total capacity of 165MW.

Toshiba Plant Systems & Services Corporation with Mitsubishi Corporation will serve as EPC*3 contractor for two of the three generators (Units 1 & 2), and as such will be responsible for plant’s design and engineering; the procurement and installation of major equipment, including boilers, steam turbines, and generators; and the balance of plant equipment, covering ancillary facilities such as coal conveying equipment, mechanical and electrical equipment and instrumentation; testing, trial operation and commissioning. Construction is scheduled to begin this month and Unit 1 and Unit 2 are expected to be completed by the end of Jan 2017 and Mar 2017, respectively.

Toshiba Plant Systems & Services Corporation has rich experience in the provision and installation of equipment for thermal power plants, and as an EPC contractor in numerous projects, especially in Southeast Asia. Demand for electricity is growing rapidly in Southeast Asia, and Toshiba Plant Systems & Services Corporation is responding by reaching out to potential customers.

Note:
1. MINERGY Coal Corporation
A power generation company established by Mindanao Energy Systems, Inc., a 100%-owned subsidiary of Mindanao-based Cagayan Electric Power & Light Company, Inc.

2. Circulating Fluidized Bed Boiler (CFB)
A boiler with reduced CO2 emissions. CFB can burn low-grade coal, and also co-fire coal with biomass and waste plastic, contributing to efficient use of resources.

3. Engineering, Procurement and Construction (EPC)
Responsible for all contractual arrangements in respect of engineering, procurement and construction.

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Information in the press releases, including product prices and specifications, content of services and contact information, is current on the date of the press announcement, but is subject to change without prior notice.

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