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Toshiba Wins Contract in Mexico to Supply Steam Turbines for
Major Thermal Power Plant Retrofit and Modernization Project

24 Apr, 2014

TOKYO— Toshiba Corporation (Tokyo: 6502), one of the world's leading suppliers of thermal power generation equipment, today announced that it has been selected to supply thermal power generation equipment for the retrofit and modernization of the Altamira Thermal Power Plant in Tamaulipas State, northeastern Mexico. Under the terms of the contract, Toshiba will supply Isolux Corsán a major constructor of EPC generation plants, with two high-efficiency 165MW steam turbines and related equipment. Altamira is currently equipped with two 158MW steam turbines and generators that Toshiba shipped to Comisión Federal de Electricidad (CFE), Mexico's state-owned electricity utility, in the early 1970's.

CFE, the owner of Altamira, awarded an  Isolux Corsán -led consortium, an engineering, procurement and construction (EPC) contract for the retrofit and upgrade of the plant, including fuel conversion from oil to petroleum coke. Isolux awarded the steam turbine contract to Toshiba on the strength of the company's comprehensive technological and supply capabilities and its extensive experience in Mexico. Toshiba will deliver the equipment in 2016, and the upgraded power plant is scheduled to start commercial operation in 2017.

Mexico currently meets over 70% of its energy needs with thermal power. Under its 2013-2027 Energy Strategy, the country aims to generate cleaner and more efficient energy, and to achieve the balanced generation mix essential for ensuring a long-term, stable and secure power supply. In coming years, this plan, and investments in advanced new power plants, will support Mexico in further strengthening its energy independence.

Toshiba is an established presence in the North American thermal power steam turbine market, and has a reputation for advanced technical capabilities, competitive products and reliable delivery and operation. In the United States and Canada, Toshiba is a market leader in orders received and has supplied over 90 units. In Mexico, too, Toshiba is a major player. Since entering the market in 1973, the company has delivered 23 steam turbines and generators, including equipment for two combined-cycle projects—Valladolid, which started operation in 2006,and 264 CC Centro, now under construction,  and geothermal plants.

Toshiba will continue to reinforce its thermal power plant business in North America, including plant retrofits and modernizations, by providing highly efficient and reliable equipment and services.

Project Outline

1. Project:  Retrofit and Modernization Project 258RM CT Altamira Thermal Power Plant in Tamaulipas State, Mexico        
2. Owner:  Comisión Federal de Electricidad (CFE)
3. EPC contractor:   A consortium of Isolux Ingeniería S.A.,  Isolux de México S.A de CV and Alstom Mexicana S.A. de CV.
4. Site location:  Tamaulipas, Mexico
5. Supply by Toshiba:  Two sets of 165MW steam turbines and related equipment

About Isolux Corsán

Grupo Isolux Corsán is a global benchmark in energy, concessions, construction and maintenance of major infrastructure and operates in over 40 countries on four continents. The construction of transport, railway, airport, maritime, and hydraulic infrastructure and residential and non-residential buildings are the main growth drivers of the company. In the energy sector, Isolux Corsán is one of the leading operators in the world in energy T&D installation and maintenance, one of the largest builders of EPC projects in the solar photovoltaic industry, and occupies an important position among large builders of power plants under EPC contracts. In addition, the Group manages more than 23,500 parking spaces under concession in Spain. Isolux Corsán manages, through its subsidiary Isolux Infrastructure, concessions for 6,047 km of transmission lines in Brazil, India and the U.S., 1,610 km of highways in India, Brazil, Mexico and Spain and promotes and manages 284.5 MWp of solar PV power plants in Spain, the U.S., India, Italy, Peru and Puerto Rico.

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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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