Japan pushes to build hi-tech power plants abroad

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Two Japanese companies have agreed deals to develop advanced coal-fired power plants in Malaysia and Myanmar as part of a government drive to export energy efficiency technology to emerging markets, a report said on Sunday.

The Japanese government is seeking to promote the export of ultra-supercritical (USC) pressure technology power plants to meet expected growing demand in emerging economies, the Nikkei business daily said.

USC power plants are the most efficient in the world, generating hotter, higher-pressure steam than conventional units resulting in significantly lower carbon dioxide emissions, Nikkei said.

Japanese trading firm Mitsui has agreed to oversee the construction and operation of a plant in Malaysia with two USC generators that can each produce one million kilowatts of energy, the daily said.

Mitsui, partnering with government-affiliated infrastructure group 1Malaysia Development Berhad, is expected to sign a formal contract with the Malaysian government by this summer, Nikkei said.

The project is valued at about 360 billion yen (about $3.48 billion) and come online in 2018.

Under the plan, Toshiba will deliver steam turbines to the plant to be built in Jimah, south of Kuala Lumpur, while Japanese heavy equipment maker IHI will provide boilers, Nikkei said.

In addition, Sumitomo Mitsui Banking has reached a deal to extend loans for a 260 billion yen USC power generation project in Myanmar, the daily said.

Japanese heavy machinery makers will take part in the construction of the plant with an output of 1.28 million kilowatts in cooperation with Thai engineering firm Toyo-Thai Corporation Public Co., it said.

The two companies will start the construction by the end of the year and aim to start the plant in 2018.

 

 

 

 

 

Source : Channel News Asia | April 6, 2014

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Thomas D’Innocenzi is a highly accomplished, results-focused international consultant with extensive experience in global sourcing and business development worldwide to meet evolving business needs. Tom has proven ability in implementing and managing profitable global marketing and sourcing operations. He has extensive experience in international business development to accommodate rapid growth. Skilled in building top-performing teams, bench-marking performance, and developing organizations to improve efficiency, productivity, and profitability. Experienced transition leader and change agent. Tom founded Nova Advisors with the mission of providing expert Global Business Development consulting services for companies seeking to expand their market share as an independent consultant. Tom has a network of experts and advisors throughout the Asia-Pacific region and North America. His expertise includes business development, global sourcing, manufacturing, commodities, logistics, QA/QC, FDA, regulatory compliance, sustainability, and supply chain optimization. Tom is experienced in the medical device, apparel, consumer goods and technology services verticals helping companies advance their global sourcing capabilities and develop new markets through a local and sustained approach. Located in SE Asia and the United States, Tom expands market reach to drive sales. His global sourcing strategy includes directly negotiating with commodity suppliers, supply chain networks and distributors for optimal terms based on his expertise and first-hand knowledge of the players. Contact Tom to use his consulting service to increase your global market and make global sourcing profitable for you in the Asia Pacific Region and the United States. http://www.NovaAdvisors.com thomas@NovaAdvisors.com USA Direct: +1.904.479.3600 SINGAPORE: +65.6818.6396 THAILAND: +662.207.9269
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