Mitsubishi Power, the power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has secured a turnkey engineering, procurement, and construction (EPC) contract worth JPY760bn (US$5.2bn) for a 2.8 GW CCGT power plant project at the Tung Hsiao power plant, operated by Taiwan Power Company (Taipower), the country’s state-owned power utility. The power plant is located in Tung Hsiao, Miaoli County, southwest of Taipei.
The project will be delivered as a full turnkey solution led by Mitsubishi Power in collaboration with CTCI Corporation, a major Taiwanese engineering and construction firm. It will involve the installation of five units, with gas turbines as the core technology; three M501J gas turbines supplied by Mitsubishi Power will be delivered for the first phase of the project. The five new units are expected to be commissioned sequentially between 2030 and 2031.
In 2024, natural gas accounted for 43% of Taiwan’s power generation.