Mitsubishi Hitachi Power Systems signs deal with KOSPO for technology exchange

15 November 2015 (Last Updated November 15th, 2015 18:30)

Mitsubishi Hitachi Power Systems (MHPS) has signed a memorandum of understanding (MoU) with South Korean electricity utility Korea Southern Power (KOSPO) for exchange of technology for thermal power generation.

MHPS

Mitsubishi Hitachi Power Systems (MHPS) has signed a memorandum of understanding (MoU) with South Korean electricity utility Korea Southern Power (KOSPO) for exchange of technology for thermal power generation.

Under the MoU, both companies will promote technical collaboration and joint research. Both firms will strengthen their ties with South Korea’s Yonsei University on technological collaboration.

In future, MHPS will work with both KOSPO and Yonsei University on thermal power generation technology.

The technology will be helpful in effective use of resources and reduce environmental footprint of thermal power facilities.

"MHPS will work with both KOSPO and Yonsei University on thermal power generation technology."

Korea Southern Power is a subsidiary of South Korea’s state-owned power utility Korea Electric Power Corporation (KEPCO). It generates electricity through bituminous coal and LNG.

The company also provides power plant development, EPC management, operation and maintenance, commissioning, performance monitoring, remote monitoring, and diagnosis services.

In July, MHPS secured an order from KOSPO to supply a 47MW natural-gas-fired gas turbine combined-cycle (GTCC) power generation system to Youngnam Natural Gas Power Plant.

The company previously delivered two steam turbines for Namjeju Thermal Power Plant and three M501F gas turbines for Yeongwol GTCC power plant.


Image: The MoU was formally signed by Koji Hasegawa, director and senior executive vice-president of MHPS, and Geun Tag Lee, chief technology officer of KOSPO. Photo courtesy of Mitsubishi Hitachi Power Systems, Ltd.