Mitsubishi Heavy Industries, Ltd. (MHI), in collaboration with Korea's Doosan Heavy Industries & Construction Co., Ltd., has received an order for major components for two trains of a natural gas-fired gas turbine combined cycle (GTCC) power generation system being built by Pocheon Power Co., Ltd., a Korean independent power producer.

MHI also signed a long-term maintenance service contract for the power plant as well as an agreement to invest in Pocheon Power. MHI received the order, which calls for provision of four M501GAC gas turbines and four generators, from Daelim Industrial Co., Ltd., which is responsible for the power plant construction project. MHI's investment in Pocheon Power will be a 6.7% stake.

Pocheon Power's GTCC plant will have the capacity to generate 1,600 MW (megawatts), placing it among Korea's largest. The plant will be built in Pocheon, approximately 50 kilometers northeast of Seoul, the capital, and it will play a part in supplying electricity to the metropolitan area. The first and second trains of the power plant are scheduled for completion by the end of May and November 2014, respectively.

Of the major power plant components on order, MHI will manufacture and supply three of the gas turbines; it will also dispatch technical advisers. Doosan will manufacture the other gas turbine under license from MHI, and other auxiliary equipment. Mitsubishi Electric Corporation will be responsible for the four generators. All components are slated for delivery between July and November 2012.