Marubeni Jointly Awarded Large Combined Cycle Power Plant in Thailand Consecutively

Oct. 26. 2006
Marubeni Corporation

Marubeni Corporation and Siemens AG of Germany have been jointly awarded the order from Electric Generating Authority of Thailand (EGAT) for the construction of the Bang Pakong Combined Cycle Power Plant, and have concluded the contract on October 25, 2006. The contract is worth approximately 37 billion yen, under a Full Turn-Key basis including equipment supply, civil and installation works.  The gross capacity of this Power Plant is 700 MW and the construction site is Bang Pakong Area, the suburbs of Bangkok in Thailand.  The gas turbines and a steam turbine as main equipments are supplied by Siemens, and the heat recovery steam generators, mechanical balance of plant, and civil works and installation works are supplied and handled by Marubeni.  Marubeni’s extensive experience of supply in Thailand along with the highly-evaluated competitiveness of price and engineering of Marubeni-Siemens group led to this successful receipt of the order consecutively.  Marubeni and Siemens AG were jointly awarded the order of Songkhla combined cycle power plant, with the identical capacity to this project and which is under the construction, last year and its achievement is also highly-evaluated by EGAT.

Though the transitional cabinet has been established recently following the coup d'etat before dawn of September 19th in Thailand, this project has been recognized as important to the newly established government as the power demand is rising in Thailand in step with the firm economic growth, and it led to the conclusion of the contract as planned.  This project is scheduled to commence the commercial operation in early stage of 2009.

Marubeni believes the impact of this coup d'etat on the economic growth in Thailand is limited, including the impact on the implementation of this project.  Marubeni positions Thailand where Marubeni has extensive experience of supply of power plant as one of the important markets, and will focus on receiving orders of new power plant in Thailand continuously.

<Summary of Bang Pakong Combined Cycle Project>
Project Name: Bang Pakong Combined Cycle Power Plant Block 5 Project
Client : Electricity Generating Authority of Thailand (EGAT)
Fund : EGAT’s own fund
Type of Power Plant : 
Gas-fired or Oil-fired Combined Cycle, 700 MW  Gas Turbine Generator (GTG) x 2 
Heat Recovery Steam Generator (HRSG) x 2 / Steam Turbine Generator (STG) x 1
Planned Site : 
In existing Bang Pakong Power Plant, Bang Pakong Area,
Chachoengsao Prefecture, 69 km south-east from Bangkok
Existing power plant site has four units of combined cycle power plants
and four units of normal thermal power plants.
A total of output capacity is approximately 3,675 MW.
Partner : Siemens AG

<Summary of EGAT>
Foundation : In 1969 (under the umbrella of Ministry of Energy in Thailand currently)
Representative : Mr. Kraisi Karnasuta, Governer
Owned Generation Capacity : Approximately 15,000 MW (approx. 60% of the total generation capacity in Thailand)
Sales Volume : 2,597 THB (approx. 8,050 billion yen) in 2005
Business : 
Construction/Possession/Operation of Power Plant and Equipments for Transmission and Transforming, and electric power selling


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