Mitsubishi Power Secures Three-Year Agreement to Maintain Boilers Crucial for Reliable Energy Access in Mindanao

• ♦ Maintenance work at Therma South, Inc. to enhance boiler reliability and support the power generation needs of Mindanao
• ♦ Steady track record of over 90 risk-based maintenance projects servicing 3.6 GW in the Philippines pivotal to awarding of contract
   
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  PHILIPPINES, MANILA (August 5, 2021) – Mitsubishi Power (Philippines) Inc. on 3 August announced a three-year long-term service agreement (LTSA) for boiler ultrasonic thickness gauging mapping inspection activities at Therma South, Inc. (TSI) – a 300-MW (2x150) Circulating Fluidized Bed (CFB) coal-fired plant at Barangay Binugao, Toril, Davao City. The team’s technical expertise in CFB boiler risk-based maintenance work will enhance the reliability of the power plant’s two boiler units, contributing to the provision of stable and efficient power for the Mindanao region. Risk-based maintenance prioritizes equipment that carry the highest risk should they fail, for better management efficiency in the power plant.

The LTSA takes effect from March 2021 until July 2024, and inspections will be carried out by MHI Power (Philippines) Plant Services Corporation, an affiliate company of Mitsubishi Power. This project is the latest of more than 90 risk-based maintenance projects amounting to 3.6 GW in capacity that the company has worked on since 2008. 

Abe Nisnisan, Facility Head of TSI, welcomed the partnership, “Therma South is a critical supplier of baseload power to the Mindanao region, and as such it is important that our operations run reliably and sustainably. We constantly look at ways to make improvements to deliver strong maintenance results across a range of solutions. We look forward to our partnership with Mitsubishi Power to ensure the continued improvement of reliability and efficiency of our equipment.”

Mr. Vincent V. Engracia, President, MHI Power (Philippines) Plant Services Corporation, spoke of the company’s commitment to the region, “Reliable and efficient power is the foundation of stable economic and societal growth. Mindanao had faced frequent power shortages before the completion of Therma South and so being able to help play a role in supporting this community is a very proud moment for us. Our equipment and services supply more than a quarter of the Philippines’ installed capacity, and this partnership is another example of how our total plant solutions are helping communities to power their future.”

Therma South Inc. is a wholly owned subsidiary of AboitizPower and supplements power generation required to meet the region’s baseload requirements to reduce the frequency and duration of power shortages in Mindanao, due to hydropower intermittency. TSI is certified in four ISO standards, namely Quality Management (ISO 9001:2015), Environmental Management (ISO 14001:2015), Occupational Health and Safety Management (ISO 45001:2018), and Asset Management System (ISO 55001:2014). Along with Therma Luzon, Inc. and Therma Visayas, Inc., the three primarily compose the Coal Business Unit of AboitizPower.

About Mitsubishi Power in the Philippines

Mitsubishi Power (Philippines) Inc. is part of Mitsubishi Power Asia Pacific Pte. Ltd., and has been headquartered in Bauan, Batangas since 1989. Mitsubishi Power (Philippines) Inc. supports the local power generation industry with comprehensive solutions spanning boiler manufacturing and maintenance, small and medium-sized gas turbines, geothermal power generation and remote monitoring services for power plants, among others. The company employs 2,000 local professionals to provide high quality and reliable services to customers and partners in the Philippines and is committed to strengthening partnerships with local stakeholders to provide stable power for economic development and a more sustainable future.

MHI Power (Philippines) Plant Services Corporation, part of Mitsubishi Power (Philippines) Inc., is a dedicated after sales service provider that caters to power plants and industrial plants in Southeast Asia. The company utilizes advanced technologies and local expertise to provide risk-based maintenance solutions, plant diagnosis, refurbishment consultation and offers long-term service agreements that meet the unique needs of each customer. MHI Power (Philippines) Plant Services Corporation is committed to helping power providers maximize the life expectancy and efficiency of their facilities to ensure stable power for local communities.  

About Mitsubishi Power Asia Pacific Pte. Ltd.

Mitsubishi Power Asia Pacific Pte. Ltd. is a part of Mitsubishi Power, Ltd., an industry-leading energy solutions provider that has applied innovative engineering to bring reliable, affordable, and efficient power to the world for more than 100 years. The company’s headquarters is in Singapore and supports the growth of key markets in the region such as Bangladesh, Indonesia, Malaysia, Philippines, Thailand and Vietnam. With deep knowledge and understanding of Asia’s evolving energy needs, Mitsubishi Power Asia Pacific Pte. Ltd. is a leader in powering the region’s development by ensuring a secure and reliable energy supply for all. Through its cutting-edge technologies, best-in-class products and strategic local partnerships, it is committed to paving the way for countries, economies and communities in Asia to transition to a low-carbon and sustainable energy future.