Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from KEPCO Engineering & Construction Company, Inc. (KEPCO E&C) for the core equipment of a combined heat and power (CHP) natural gas-fired generation plant, including an M501J gas turbine. The CHP plant is to be developed by DS Power Co., Ltd. in Osan City, Gyeonggi-do, approximately 50 kilometers south of Seoul. It is scheduled to go on stream in March 2016.
The new CHP plant at Osan will have a power generation capacity of 436 MW to meet sharply expanding electricity demand in the area. It will also supply steam for district heating for a new residential area. The CHP facility is planned as a gas turbine combined cycle (GTCC) type plant, which mainly consists of a gas turbine, a steam turbine, two generators and a heat recovery steam generator.
DS Power, the end user of the CHP plant project, is a special purpose company (SPC) jointly established by Daesung Industrial Co., Ltd. KEPCO E&C is an affiliate of Korea Electric Power Corporation (KEPC)