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Mitsubishi Hitachi Power lands Thai power plant order

Mitsubishi Hitachi Power Systems said Friday that it has received an order to supply turbines and other equipment for a natural gas power plant project in Thailand.

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Under the project, undertaken by a joint venture of trading company Mitsui & Co. and a Thai power producer, two gas turbine combined cycle power plants will be constructed near Bangkok.

The plants have a combined capacity of 5,300 megawatts, marking the largest-ever order for Mitsubishi Hitachi Power in terms of output capacity. The project is estimated to cost well over 100 billion yen ($918

Mitsubishi Hitachi Power was created in 2014 through the merger of the thermal power generation divisions of Mitsubishi Heavy Industries and Hitachi.

Combined-cycle facilities generate electricity via gas turbines, then use exhaust heat to create steam for turning a turbine that generates more electricity. In a new twist on the technology that improves efficiency, Mitsubishi Hitachi Power’s facilities will employ air-cooled combustion chambers.

The order includes eight gas turbines with a capacity to produce about 700MW, and eight steam turbines. The facilities will boast a power generation efficiency of 63%, among the highest in the world. Mitsubishi Hitachi Power credits the strong environmental performance as a main factor in securing the deal.

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Thailand’s automotive sector expected to produce 1.4m cars this year

This increase in output is a result of the recovery of domestic and export markets, with the annual output for 2021 expected to be around 1.4 million.

National News Bureau of Thailand

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Can Fintech drive a strong post-COVID-19 recovery in Asia?

The pandemic has highlighted the power of digital technology. Now is the time to harness this power for inclusive growth so that communities, especially in poor and remote areas, can survive the crisis and thrive.

Asian Development Bank

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To say 2020 has been a challenging year is a massive understatement. The COVID-19 pandemic has quickly undermined development gains from recent decades and slowed growth in many Asian economies.

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