Toyo Engineering Corporation (TOYO, President & CEO Yutaka Yamada) and Mitsui & Co., Ltd. (MITSUI, President & CEO Masami Iijima) have entered into the power plant construction contracts with specific purpose companies (SPC) wholly owned by Gulf JP Co., Ltd. (Gulf JP). Gulf JP is an independent power producer in
According to the contract, cogeneration gas turbine combined cycle power plants are to be constructed at seven sites in the suburbs of
In 2004, MITSUI won a construction contract for the Kaeng Khoi 2 gas fired combined cycle power station. The successful project implementation as well as the know-how through the extensive experience worldwide has led to the new award.
The government of
It is planned that each power plant will sell 20MW-30MW to customers where the plant is located, in addition to selling electric power to EGAT based on the guarantee.
In
TOYO, also focusing its efforts on electric power, water, and traffic-related projects, will strive to win these projects.
Focusing on infrastructure projects including electric power, MITSUI will continue to propose and materialize electric power projects to meet the growing demand for electric power worldwide.
(*) Small Power Producers (SPP) Program
The SPP Program was set up by the government of