TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it has received two orders for 500kV gas-insulated switchgear (GIS), one each for the new Ayutthaya4 and Chaeng Watthana substations of the Electricity Generating Authority of Thailand (EGAT). Mitsubishi Electric will begin shipping equipment in 2016 and both substations are expected to begin operating from 2017.
Mitsubishi Electric previously supplied EGAT with a 500kV GIS for Wang Noi Combined Cycle Power Plant Block 4 Switchyard in 2013. Leveraging their strong working relationship built through the past equipment supply, the two companies signed a memorandum of understanding on technical collaborations to enhance the quality and reliability of EGAT’s transmission and distribution technologies.
Mitsubishi Electric intends to continue to contribute actively to the reliability of electric power supply and thereby economic development in Thailand and other Southeast Asian nations.
Significant economic growth in Thailand and other Southeast Asian countries have led to increased demands for power-supply equipment in these nations. Mitsubishi Electric has been supplying generators, transformers and other such equipment to customers in Thailand since the 1970s. Thailand is now the key market for Mitsubishi Electric’s business strategy in Southeast Asia.
About Mitsubishi Electric Corporation
With
over 90 years of experience in providing reliable, high-quality
products, Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized
world leader in the manufacture, marketing and sales of electrical and
electronic equipment used in information processing and communications,
space development and satellite communications, consumer electronics,
industrial technology, energy, transportation and building equipment.
Embracing the spirit of its corporate statement, Changes for the Better,
and its environmental statement, Eco Changes, Mitsubishi Electric
endeavors to be a global, leading green company, enriching society with
technology. The company recorded consolidated group sales of 4,323.0
billion yen (US$ 36.0 billion*) in the fiscal year ended March 31, 2015.
For more information visit:
http://www.MitsubishiElectric.com
*At
an exchange rate of 120 yen to the US dollar, the rate given by the
Tokyo Foreign Exchange Market on March 31, 2015
