Mitsubishi Power gets 7-year turnkey contract for 400MW power plant29 March 2023
Business Report :
Mitsubishi Power, a power solution brand of Mitsubishi Heavy Industries, Ltd (MHI), secured a seven-year full-turnkey Long Term Service Agreement (LTSA) contract for the Bibiyana-III Combined Cycle Power Plant (CCPP).
Under the LTSA, Mitsubishi Power, which supplied the power plant's M701F gas turbine, will continue to provide maintenance and inspection services to the plant's gas turbine and related power generation equipment to enhance reliability and drive performance and efficiency, reads a press release.
Located approximately 200 kilometres northeast of Dhaka, Bangladesh, the Bibiyana-III CCPP is one of Bangladesh's largest gas turbine combined cycle (GTCC) power plants owned by the Bangladesh Power Development Board (BPDB), a government agency operating under the Ministry of Power, Energy and Mineral Resources.
The BPDB oversees the planning and development of Bangladesh's power sector and is also responsible for power generation and distribution in the nation.
Engr Md Mahbubur Rahman, chairman of BPDB said: "As demand for electricity in Bangladesh rises, we are excited to extend our longstanding partnership with Mitsubishi Power to tap on their technical expertise and service support for Bangladesh's long-term power supply needs.
This LTSA agreement attests to our ongoing commitment to exploring solutions that help us achieve reliable and efficient power generation to deliver stable electricity for the nation."
"We are to strengthen our partnership with Bangladesh Power Development Board at one of the first sites in the country where we installed our large-class gas turbines. Our state-of-the-art gas turbines contribute to one-fifth of Bangladesh's total energy production capacity, and we look forward to continuing to support the maintenance and optimization of plants across the country through LTSAs.