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19 September 2003 - Japan's Mitsubishi Heavy Industries said Friday it had won a contract along with Mitsubishi Corporation to construct a 1434 MW coal fired power plant in Thailand.
Mitsubishi Heavy will construct two boilers and two steam turbines for BLCP Power Ltd., an independent power producer jointly owned by Banpu Power Ltd. and CLP Power Asia Ltd.
The first unit of the power plant, to be built in the Map Ta Phut Industrial Estate in Rayong Province, south of Bangkok, will start operations in October 2006. The second unit will start operations in February 2007, it said.
No financial terms were revealed but Mitsubishi said that all conditions for implementing the contract, including project finance closure, have been completed.
In Thailand, demand for electric power has been increasing rapidly, in line with the nation's economic growth, and the plant is aimed at responding to that demand. All electric power to be generated at the new plant will be sold to Electricity Generating Authority of Thailand (Egat) and supplied to Bangkok.
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