Sony Pixel Power calrec Sony

Orders Awarded for Construction of Thermal Power Plant and Port in Bangladesh

23/08/2017

Sumitomo Corporation

Toshiba Corporation

IHI Corporation

The three-party consortium of Sumitomo Corporation (Head Office: Chuo-ku, Tokyo; President & CEO: Kuniharu Nakamura), Toshiba Corporation (Head Office: Minato-ku, Tokyo; President & CEO: Satoshi Tsunakawa; hereinafter, Toshiba ) and IHI Corporation (Head Office: Koto-ku, Tokyo; President & CEO: Tsugio Mitsuoka; hereinafter, IHI ) signed an EPC* contract with Coal Power Generation Company Bangladesh Limited for the construction of a ultra-super critical coal-fired thermal power plant (hereinafter, the Power Plant ) as well as a deep sea port (hereinafter, the two kinds of construction works will be collectively referred to as the Project ) .

A coal-fired thermal power plant and a deep sea port modeled on Kashima Port in Japan will be constructed at designated sites on Matarbari Island in southeastern Bangladesh under the Project. Using imported coal as fuel, this highly efficient ultra-super critical coal-fired thermal power plant will have generation capacity of 1,200MW (600MW x 2 units) and thereby will constitute more than 10% of the total generation capacity of Bangladesh. The high efficiency ultra-super critical coal fired power plant equipment generates high pressure steam and temperatures that realize improved control of fuel consumption and CO2 emissions, and contributes to reducing environmental impact, which is Japan's state of the art technology. The first deep sea port in Bangladesh will be constructed adjacent to the Power Plant, contributing to further development of Matarbari's hinterland. The Project shall be financed under Yen Credit by the Japan International Cooperation Agency ( JICA ), and the total project cost will amount to 500 billion yen, which is the biggest amount ever for a single contract financed by JICA. The construction is scheduled to begin in August 2017, and to be completed in July 2024.

Power shortages have been an issue for Bangladesh as its economy is rapidly growing and correspondingly demand for electric power is expected to rise from the present 9,000MW to as high as 35,000MW in 2030. Currently, power generation with domestic natural gas accounts for around 65% of the country's total generation capacity, while the government is enhancing generation capacity based on LNG and imported coal to secure more reliable energy resources in the long term.

Shoaling coast makes large vessels to transship cargoes to smaller ones off-shore before entering to any ports in Bangladesh. Once the deep sea port will be constructed, however, it will enable direct approach by deep-draft vessels. So, this port construction is expected to play a key role in the industrial development of the Matarbari area.

Sumitomo Corporation will be responsible for civil work and auxiliary equipment as well as for port construction including dredging works, together with Japanese subcontractors such as Toshiba Plant Systems & Services Corporation and Penta-Ocean Construction Co., Ltd.

Toshiba will supply and install the steam turbines and the generators, while IHI will be in charge of providing and installing the boilers. The Project will feature Japanese technology and know-how, and serve as a typical example of the Japanese government's Quality Infrastructure Partnership Initiative. Utilizing Japanese funding and technology to meet the urgent need for electric power in Bangladesh, the Project will help drive the country's industrial and economic development.

Sumitomo Corporation has identified Six Material Issues to Achieve Sustainable Growth with Society as a foundation on which to develop medium- and long-term management strategies and conduct individual business initiatives. In line with these Material Issues, the Project is designed to contribute to the development of local communities and industries, as well as to establishing a foundation for comfortable and enriching lifestyles for local residents. Through its involvement in the electric power infrastructure business, Sumitomo Corporation is seeking to provide its stakeholders with the Triple Values: environmental value with eco-friendly power generation projects, societal value by power infrastructure development, and economic value for local communities and the company itself.

Toshiba will reinforce its global thermal power plant business by providing high efficiency ultra-super critical steam turbines and generators and combined cycle power generation systems that contribute to the realization of a low-carbon society and stable electricity supply. A branch office established in Dhaka in 2015 is supporting Toshiba in reinforcing its energy and infrastructure business in Bangladesh.

IHI has a wealth of experience in providing energy-related equipment and environmental facilities, including the world's highest steam conditions ultra-supercritical boilers all over the world. To realize stable and efficient electricity supply in the global market and countries expecting remarkable economic growth over the coming years, such as Asian countries, IHI will continue to supply power generation equipment and systems, primarily consisting of boilers boasting high efficiency and quality as well as low emissions.

Note: [*]

Engineering, Procurement and Construction

Map of Matarbari Region
LINK: http://www.toshiba.co.jp/about/press/2017_08/pr2301.htm...
See more stories from toshiba

More from Toshiba

22/03/2021

Toshiba Executes Strategic Alliance Agreement and Invests in Counter-Drone Security Company Fortem Technologies, Inc.

Toshiba Corporation Toshiba Infrastructure Systems & Solutions Corporation TOK...

16/03/2021

Toshiba and Midtown Clinic Have Signed a Joint Research Agreement on microRNA Detection Technology for Early Detection of Cancer

TOKYO Toshiba Corporation (TOKYO: 6502) has executed a joint research agreement...

09/03/2021

Establishment of a Carbon Neutral LNG Buyers Alliance

Toshiba Corporation Tokyo Gas Co., Ltd. Asahi Group Holdings, Ltd. Isuzu Motors Ltd. Olympus Corporation Sakai Chemical Industry Co., Ltd. Duskin Co., Ltd...

24/02/2021

Toshiba a Clarivate Top 100 Global Innovators 2021 for Tenth Consecutive Year

TOKYO Toshiba Corporation's (TOKYO: 6502) long-standing dedication to driving forward technological innovation has once again secured its selection for the ...

19/02/2021

Toshiba Appoints Executive Officers for Each Region, Establishes Sustainability Management Division

TOKYO Toshiba Corporation (TOKYO: 6502) today announced that it has appointed ex...

19/02/2021

Toshiba Recognized by CDP as Supplier Engagement Leader in Efforts to Counter Climate Change throughout Value Chain

TOKYO Toshiba Corporation (TOKYO: 6502) has been recognized as a Supplier Engag...

14/01/2021

Toshiba Group Publishes English Edition of Sustainability Report 2020

TOKYO Toshiba Corporation (TOKYO: 6502) today published the English edition of Toshiba Group Sustainability Report 2020, which outlines the Groups sustainabili...

16/12/2020

Toshiba Receives Rating from JCR and Withdraws from Rating by Moody's

TOKYO Toshiba Corporation (TOKYO: 6502) today announced that it has received the rating detailed below from Japan Credit Rating Agency, Ltd. (JCR), and that it...

10/12/2020

Toshiba Awarded Highest Rating in CDP Climate Change Report 2020

TOKYO Toshiba Corporation (TOKYO: 6502) has been selected for the prestigious A List in the Climate Change Report 2020 released by CDP, the international non-...

04/12/2020

Toshiba Group Holds FY2020 Technology Strategy Briefing

TOKYO Toshiba Corporation (TOKYO: 6502) today held the Toshiba Group FY2020 Technology Strategy Briefing, where it unveiled the strategy and technologies that ...

04/12/2020

Launch of IIoT Service Portal Site TOSHIBA SPINEX Marketplace

TOKYO Toshiba Corporation (TOKYO: 6502) today opened the TOSHIBA SPINEX brand (*1) industrial IoT (IIoT) service (*2) portal site TOSHIBA SPINEX Marketplace (*...

30/10/2020

Toshiba Honored with Five Accolades at GOOD DESIGN AWARD 2020

TOKYO Toshiba Corporation (TOKYO: 6502) has clinched five*1 distinctions at the Japan's Good Design Award 2020. This annual awards sponsored by the Japan ...

19/10/2020

Toshiba launches Quantum Key Distribution (QKD) System Business

TOKYO Toshiba Corporation (TOKYO:6502) today announced it will start providing quantum key distribution (QKD) platforms and commence deployment of a system inte...

15/10/2020

Toshiba to Participate in Preparatory Group for Japan Hydrogen Association

TOKYO Toshiba Corporation (TOKYO: 6502) today announced that the company has participated in the preparatory group for the launch of the Japan Hydrogen Associat...

23/09/2020

Toshiba Establishes a New Project Team to Secure Further Growth as an Infrastructure Services Company

TOKYO Toshiba Corporation (TOKYO: 6502) today announced that Infrastructure Serv...

19/09/2020

Toshiba Submits Greenhouse Gas Emission Reduction Targets to Science Based Targets initiative for Validation

TOKYO Toshiba Corporation (TOKYO: 6502), in its June 5 announcement, The Toshib...

04/09/2020

Toshiba Publishes English Edition of Cyber Security Report 2020

TOKYO Toshiba Corporation (TOKYO: 6502) has published the English edition of Toshiba Group Cyber Security Report 2020, a report of cyber security policy, meas...

13/08/2020

Toshibas New R&D Complex be an Incubator for Cutting Edge Technologies, and a New Landmark for Kawasaki

TOKYO--Thanks to Toshiba Corporation (TOKYO: 6502), the Komukai district of Kawa...

07/08/2020

Toshiba a Derwent Top 100 Global Innovators 2020 for Ninth Consecutive Year

TOKYO Toshiba Corporation's (TOKYO: 6502) long-standing dedication to driving forward technological innovation has once again secured its selection for the ...

07/08/2020

Toshiba Transfers Shares in Dynabook to Sharp

TOKYO Toshiba Corporation (TOKYO: 6502) hereby announces that it has transferred the 19.9% of the outstanding shares in Dynabook Inc. that it held to Sharp Corp...

27/07/2020

Toshiba Published Brand Video to Introduce the Essence of Toshiba

TOKYO Toshiba Corporation (TOKYO: 6502) has released a new brand video, We are Toshiba 2020, that shines a spotlight on Toshiba Group employees around the wor...

17/07/2020

Glass Lewis Joins ISS in Recommending Toshiba Shareholders Vote FOR the Election of All 12 Toshiba Director Nominees

Toshiba Corporation (TOKYO: 6502) today announced that Glass Lewis & Co. ( Glass...

17/07/2020

Leading Independent Proxy Advisory Firm ISS Recommends Toshiba Shareholders Vote FOR the Election of All 12 Toshiba Director Nominees

Toshiba Corporation (TOKYO: 6502) today announced that Institutional Shareholder...

15/07/2020

Toshiba Groups Response to COVID-19 [video]

Updated July 15, 2020...

08/07/2020

Toshiba Establishes Compliance Advisory Meeting

TOKYO Following on from its June 5 announcement of comprehensive measures to bolster internal controls, Toshiba Corporation (TOKYO: 6502) today established a Co...

19/06/2020

Toshiba Groups Response to COVID-19

Toshiba Group is responding to the global coronavirus pandemic with measures that prioritize the safety of our employees and their families, and of our customer...

11/06/2020

The new factory for the novel coronavirus (SARS-CoV-2) antigen test kit

Miraca Holdings Inc. President and Group CEO Shigekazu Takeuchi Toshiba Corporation President & CEO Nobuaki Kurumatani Hitachi, Ltd. President & CEO Toshia...

29/05/2020

Toshiba's New Subsidiary to Advance Process Reforms of Toshiba Next Plan

TOKYO Toshiba Corporation (TOKYO: 6502) today announced that it will establish a new wholly owned subsidiary dedicated to developing a next-generation core sys...

27/05/2020

Toshiba to Transfer Logistics Services Business to SBS Holdings, Inc.

SBS Holdings, Inc. Toshiba Corporation TOKYO SBS Holdings, Inc. (TOKYO: 2384, hereinafter SBSHD ) and Toshiba Corporation (TOKYO: 6502) today signed a share ...

16/04/2020

Reduction of Business Days in April at Toshiba Corporation and Toshiba Group Companies in Japan

In response to the Japanese government's strong request to people to observe...

30/03/2020

User Experience with New DIY style IoT ifLink Open Community

Toshiba Corporation Toshiba Digital Solutions Corporation TOKYO--Toshiba Corporation (TOKYO: 6502) and Toshiba Digital Solutions Corporation (hereinafter TDS...

23/03/2020

Toshibas SCiBTM Rechargeable Battery Selected for Mitsubishi Motors New Super Height Kei Wagon eK X space and eK space

TOKYO Toshiba Corporation (TOKYO: 6502) today announced that Mitsubishi Motors C...

23/03/2020

Toshibas SCiBTM Rechargeable Battery Selected for Nissans ROOX

TOKYO Toshiba Corporation (TOKYO: 6502) today announced that Nissan Motor Corporation has selected its innovative SCiB lithium-ion rechargeable battery for the...

04/03/2020

Toshiba Data Joins Smart City Aizu

Tokyo Toshiba Data Corporation (hereinafter Toshiba Data ) today announced the opening of a new branch office from this month in Aizuwakamatsu City, Fukushima ...

03/03/2020

Toshiba Names Taro Shimada to Head its Digital Solutions Business

Toshiba Corporation Toshiba Digital Solutions Corporation TOKYO Toshiba Corporation (TOKYO: 6502) and Toshiba Digital Solutions Corporation (hereinafter TDSL...

08/02/2020

Toshiba to Reorganize Subsidiaries Providing Corporate Staff Services

TOKYO--Toshiba Corporation (TOKYO: 6502) today announced that it will unify two companies that are part of its corporate staff function into a single company. T...

19/01/2020

Toshiba Reinforces Strategy Planning Function for Strategic Transformation to CPS Technology Company

TOKYO Toshiba Corporation (TOKYO: 6502) announced today that Masaharu Kamo, a f...

17/01/2020

Toshiba Publishes English Edition of CSR Report 2019

TOKYO--Toshiba Corporation (Tokyo: 6502) today announced that the English edition of the Toshiba Group Corporate Social Responsibility Report 2019 (hereinafter ...

28/11/2019

Toshiba Group Holds FY2019 Technology Strategy Briefing

TOKYO Toshiba Corporation (TOKYO: 6502) today held the Toshiba Group FY2019 Technology Strategy Briefing, where it unveiled the strategy and technologies that w...

06/11/2019

The New ifLink Open Community Will Bring IoT Solutions to More Services and Products

Toshiba Corporation Toshiba Digital Solutions Corporation Toshiba Corporation ...

06/11/2019

Toshiba Group Joins Open Invention Network Community

Tokyo Toshiba Corporation (Tokyo: 6502) announced today that Toshiba Group has joined Open Invention Network (OIN) as a community member. OIN is a community th...

29/10/2019

Toshiba Group Develops Inspection Technology for Plant Facilities and Equipment in High Inaccessible Places [video]

Toshiba Corporation Toshiba Energy Systems & Solutions Corporation TOKYO Toshi...

26/09/2019

Toshiba Group to Reorganize Management Structure of Companies Offering Corporate Staff Services

TOKYO Toshiba Group (TOKYO: 6502) has announced that it will unify four companie...

09/09/2019

Toshiba and transcosmos Agree to Share Transfer of Company Established for Business Split From Toshiba Human Asset Service Corporation

Toshiba Corporation transcosmos inc. TOKYO Toshiba Corporation (TOKYO: 6502) a...

28/08/2019

Toshiba Publishes English Edition of Cyber Security Report 2019

TOKYO Toshiba Corporation (TOKYO: 6502) has published the English edition of its Cyber Security Report 2019, the company's first publication focusing on Tos...

28/08/2019

Basic Agreement to Discuss Potential Collaboration for Nuclear Energy Business (Boiling Water Reactors)

Tokyo Electric Power Company Holdings, Inc. Chubu Electric Power Co.,Inc. Hita...

21/08/2019

Toshiba to Propose Solutions Supporting Africas Growth and Development at TICAD7

Toshiba Corporation Toshiba Energy Systems & Solutions Corporation Yokohama, Japan Toshiba Corporation (TOKYO: 6502) and Toshiba Energy Systems & Solutions Co...

09/08/2019

Notice on Media Coverage Related to Alliance in Nuclear Power Business

Tokyo A certain online publication this morning carried a report on plans for Higashidori Nuclear Power Station in Aomori prefecture, Japan, stating that Tokyo ...