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| December 27, 2004 No.1037 | ||
| MHI Receives Order for 3 Steam Turbines for Enel of Italy - Part of Large-scale Equipment Replacement Project - |
| Tokyo, December 27, 2004 -- Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for three steam turbines to be delivered on a turnkey basis from Enel SpA. The turbines, each featuring an output of 680 MW, are associated with the replacement of existing boilers at the Torrevaldaliga Nord power plant in Lazio, in line with a large-scale fuel conversion project being undertaken by the energy provider. The replacement systems for power generation unit No. 2, 3 and 4 are scheduled to go into service progressively starting in May 2008. |
Enel is Italy's largest power utility and has established separate corporate entities for power generation, transmission and distribution. Today this group of enterprises has expanded further into the business of planning the development of new power plants, not only within Italy but in other countries as well. Enel has opted to shift its fuel dependency from oil to coal. While retaining its generation equipment currently in place to the maximum degree feasible, the company is replacing its oil-fired systems with steam turbines with the aim of attaining higher generating efficiency. The Torrevaldaliga Nord plant, located some 50 km northwest of Rome, has been supplying power to the capital region since 1981. Intensifying price competition arising from deregulation of the power industry in the European market has prompted a call for improved efficiency from Enel's generating plants. The order from Enel will mark MHI's first delivery of steam turbines to Italy. It resulted from Enel's high evaluation of MHI's technological capabilities in the production of steam turbines offering superlative efficiency. MHI will not only supply the turbines but also take charge of their installation and test operation at the site. Mitsubishi Corporation will handle the trade particulars. With receipt of this latest order, MHI now aims to boost its presence in Italy and the European market with an assertive approach to power development projects in the region, both those affiliated with Enel and independent initiatives. # # #
About Mitsubishi Heavy Industries Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, Japan, is one of the world's leading heavy machinery manufacturers, with consolidated sales of 2,373 billion yen in fiscal 2003 (year ended March 31, 2004). MHI's diverse lineup of products and services encompasses shipbuilding, steel structures, power plants, chemical plants, steel plants, environmental equipment, industrial and general machinery, aircraft, space rocketry and air-conditioning systems. For more information, please visit the MHI website (http://www.mhi.co.jp). PRESS CONTACT: Hideo Ikuno: h.ikuno@daiya-pr.co.jp Tel: +813-6716-5277, Fax: +813-6716-5929 Daiya PR (in charge of public relations for Mitsubishi Heavy Industries, Ltd.) |
