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Stock impact report

Thailand's Eight-Unit, 5,300-MW Power Project Wins Top Plant Award [Yahoo! Finance]

MITSUI & CO LTD ADR (MITSY) 
US:NASDAQ Investor Relations: mitsui.com/us
Company Research Source: Yahoo! Finance
With efficiency greater than 64%, the eight units deployed—four each at the Sriracha Power Plant in Chonburi and the Pluak Daeng Power Plant in Rayong—are worthy recipients of a POWER Top Plant award. The Sriracha Power Plant in Chonburi (see opening image) and Pluak Daeng Power Plant in Rayong are two 2,650-MW gas turbine combined cycle (GTCC) power plants owned and operated by a joint venture between Gulf Energy Development Public Co. Ltd. (GULF), one of Thailand's largest independent power producers, and Mitsui & Co. Ltd., a Japanese trading company. Mitsubishi Power was awarded a full-turnkey engineering, procurement, and construction (EPC) contract in 2018 for the entire 5,300-MW project. The scope covered plant design through commissioning. “The project was undertaken in support of the development of the Eastern Economic Corridor (EEC)—which encompasses the provinces of Chonburi, Rayong, and Chachoengsao, located southeast of Bangkok—into a special economic promotional zone attr Show less Read more
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