Mitsubishi Heavy Industries Ltd, Japan's biggest heavy machinery maker, won a NT$53.4 billion (US$1.5 billion) contract to supply Taiwan Power Co (Taipower,
Mitsubishi Heavy will supply two generators that can run on either oil or gas, and four gas-fired generators, said Taipower media relations officer Lee Chun-lai (李傳來).
The contract to supply the two oil-or-gas-fired units is worth about NT$19.3 billion and each unit can generate 720 megawatts of power, Lee said. The second contract, for four 708 megawatt generators, is worth about NT$34.1 billion.
General Electric Co, the world's largest company by market value, Alstom SA, whose power equipment generates a fifth of the world's electricity, also submitted bids.
Taipower may award a contract for liquefied natural gas for the Tatan plant in northern Taiwan by early July, Lee said.
Taipower postponed twice the announcement on the winning bidder to supply the LNG after the outbreak of SARS disrupted meetings with suppliers. The company is negotiating with four suppliers to buy 1.7 million tonnes of LNG a year for 25 years starting in 2008.
Royal Dutch/Shell Group is bidding to supply the LNG with joint venture partner Asia Cement Corp (亞泥). TaLNG Co, a joint venture of Shell Gas BV and Asia Cement, values its bid at as much as NT$400 billion.
RSS