July 28, 2014 8:56 PM 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
Vice President
Age: 58
Head of Boiler Products Headquarters
Executive Vice President
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 Gas and Steam Turbine Order from Larsen & Toubro Limited for Bheramara Power Plant

Mitsubishi Hitachi Power Systems, Ltd. has received an order from Larsen & Toubro Limited, or L&T, for a set of gas turbine and steam turbine for the Bheramara gas turbine combined cycle, or GTCC, power plant to be developed by North-West Power Generation Company Limited, or NWPGCL. The prime contractor is Marubeni Corporation. The set of gas turbine and steam turbine will be supplied to Larsen & Toubro Limited (L&T) of India, a technology, engineering, construction and manufacturing company entrusted with construction of the power plant by Marubeni Corporation on EPC basis. Shipments of the ordered equipment will be started in September 2015. The Bheramara Combined Cycle Power Plant (CCPP) will be constructed in Khulna District approximately 150 kilometers (km) northwest of Dhaka, Bangladesh's capital city, with support from ODA loan provided by the Japanese Government through the Japan International Cooperation Agency (JICA). Gross output of Bheramara CCPP will be more than 410 megawatts (MW), making it one of the large GTCC power plant in Bangladesh. When it goes into operation, it will meet approximately 5% of the country's total power demand and thus contribute to Bangladesh's economic development. MHPS will manufacture and supply an M701F4 gas turbine and a steam turbine for the project. GTCC power plants generate electricity in two stages through the combined use of gas and steam turbines. By using high-temperature exhaust from the gas turbine to produce the steam that drives the steam turbine, combined cycle power plants achieve higher thermal efficiency, lower fuel consumption, and lower emissions.

Mitsubishi Hitachi Power Systems, Ltd. and NGK Spark Plug Co., Ltd. Sign Agreement for Mass Production of Cylindrical Cell Stacks

Mitsubishi Hitachi Power Systems, Ltd. (MHPS) and NGK Spark Plug Co., Ltd. (NTK) have signed a basic agreement on a business tie-up targeting mass production of cylindrical cell stacks, the power-generating elements used in solid oxide fuel cells, or SOFC. Through the integration of the two companies' respective technological strengths, expertise and management resources, the tie-up is aimed at forming a mass production structure of cost-competitive cylindrical cell stacks. Specifically, by combining their technologies and expertise the companies aim initially to complete a small-lot production system for cylindrical cell stacks; then based on that system, the two partners will jointly establish the technology to enable full-scale mass production. The companies will target the completion of a mass production line capable of manufacturing upwards of several hundreds of thousands units per year by April 2018. Plans call for the realization of this scheme through the merger of MHPS's development, engineering and manufacturing technologies for cylindrical cell stacks cultivated through many years of R&D, and NTK's technologies in mass production of ceramics. The SOFCs targeted in this business tie-up are ceramic-based fuel cells that operate at a high temperature above 900 degrees Celsius (1,650 degrees Fahrenheit). They can generate electricity very efficiently by chemical reaction between oxygen in the air and hydrogen and carbon monoxide from reformed city gas. The unreacted portion of the gas and hot air discharged from the SOFC module are then used to drive an MGT. This two-stage system achieves significantly higher power generation efficiency and, as a result, saves substantial energy. In addition, as the high-temperature exhaust gas from the MGT can be used to generate hot water and steam, the hybrid system is capable of performing combined heat and power (CHP) supply functions. MHPS's cylindrical cell stacks are horizontal-stripe cell stacks structured in such a way that multiple elements (fuel electrodes, electrolytes, air electrodes) that undergo a power-generating reaction are formed on the outer surface of the ceramic-based substrate tube and the elements are linearly connected by interconnector. Achieving mass production combined with low cost is a major issue being addressed currently in order to promote expanded adoption of fuel cells, and the business tie-up between MHPS and NTK aims to overcome this challenge. MHPS's strength is its ability to provide total solutions in all aspects of thermal power generation systems following its taking over the comprehensive capabilities and product lineups formerly held by Mitsubishi Heavy Industries, Ltd. (MHI) and Hitachi, Ltd.

Mitsubishi Hitachi Power Systems, Ltd. Signs Contract with Daewoo Engineering & Construction Ltd

Mitsubishi Hitachi Power Systems, Ltd. announced that it has signed a contract with Daewoo Engineering & Construction Ltd. (Daewoo E&C) under which MHPS is to supply two M501J gas turbines, one steam turbine and three generators for the Pocheon Combined Cycle Power Plant, a gas turbine combined cycle (GTCC) power generation plant in Korea. The power plant is slated to go on stream in November 2016. The agreement increases the collective number of J-Series gas turbine supply by MHPS to Korea to 13 units. The GTCC plant will be built in Pocheon, a city located approximately 45 kilometers northwest of Seoul, by Daewoo Energy Co., Ltd., a special purpose company (SPC) affiliated with Daewoo E&C. Through manufacture and supply of the core components for the power plant, including the M501J gas turbines, MHPS will support Korea's efforts to meet strong power demand in the Seoul metropolitan area.

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