MHPS to Promote Technical Exchanges in Thermal Power Generation with Korea Southern Power Co. (KOSPO) -- Ties also to be Strengthened with Korea's Yonsei University --
The MOU was formally signed by Koji Hasegawa, Director and Senior Executive Vice President of MHPS, and Geun Tag Lee, Chief Technology Officer of KOSPO. Also in attendance at the ceremony, which took place in Japan, was Hyung Hee Cho, Professor in the Department of Mechanical Engineering at Yonsei University.
KOSPO is a power-providing subsidiary of Korea Electric Power Corporation (KEPCO), Korea's state-owned power utility. KOSPO and MHPS enjoy good relations, exemplified by MHPS's receipt this July of an order for a 470-megawatt (MW) natural-gas-fired gas turbine combined-cycle (GTCC) power generation system adopting the Company's latest M501J gas turbine, for installation at KOSPO's Youngnam Natural Gas Power Plant. Earlier, MHPS received orders for, and completed deliveries of, two steam turbines for Namjeju Thermal Power Plant and three M501F gas turbines for Yeongwol GTCC power plant; in the latter case, the equipment transfer was handled through Doosan Heavy Industries & Construction, a Korean recipient of MHPS's related technology.
In the years ahead MHPS will work closely with both KOSPO and Yonsei University to forge solid ties of cooperation in thermal power generation technologies, as the Company's way to make ongoing contributions to effective utilization of resources and easing of environmental burdens.