Banpu Power Public Company Limited Announces Commercial Operation Date of Nakoso Integrated Gasification Combined Cycle Power Plant, Located in Fukushima Prefecture, Japan
April 19, 2021 at 08:32 pm EDT
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Banpu Public Company Limited (BANPU) announced that its subsidiary Banpu Power Public Company Limited (BPP) had been notified that Nakoso Integrated Gasification Combines Cycle (IGCC) Power Plant, located in Fukushima Prefecture, Japan has successfully achieved its commercial operation date (COD) on April 16, 2021. BPP through its subsidiary hold 33.5% ownership in Nakoso IGCC Management Co. Ltd. (NIMCO), and NIMCO hold 40% ownership in the IGCC power plant with generation capacity of 543 MW (72.8 MW on BPP's equity basis). The power plant is a gas-fired power plant that combine coal gasification technology using a high-pressure gasifier to turn coal into synthesis gas as fuel and gas fired combined cycle plant technology. This Nakoso power plant is the large commercial scale IGCC developed in Japan with high efficiency and low emission (HELE), provide security of electricity supply through the high voltage transmission system under long-term power purchase agreement (PPA) to serve the electricity demand from both industrial and residential sector in Fukushima prefecture, also covering Tokyo city and the Greater Tokyo metropolitan area in Japan. This IGCC plant will be part of community development through local employment, helping to create jobs and supporting local economy. BANPU will continue its sustainable growth strategy to achieve capacity target of 6,100 MW in 2025, seeking investment opportunities in power projects by focusing in cleaner technology in the markets with attractive growth and supportive government policy.
Banpu Power Public Company Limited is a Thailand-based power-generating company operating both thermal power and renewable power businesses across the Asia-Pacific region, including Thailand, Lao PDR, China, Japan, Vietnam, Indonesia, Australia and the United States. The Company operates through two segments: Energy Generation and Energy Technology. The Energy Generation segment is engaged in electricity generation, which consists of thermal and renewable energy both domestic and overseas. The Energy Technology segment consists of solar rooftop, electric vehicle, energy storage, and energy management systems. The Company has approximately 42 power plants and projects. The Company has approximately 3161 million watts of electric capacity (MWe) power generation capacity from operational power plants. Its subsidiaries include Banpu Coal Power Ltd., Banpu Power US Corporation, Banpu Power International Limited, and Banpu Power (Japan) Co., Ltd., among others.
Banpu Power Public Company Limited Announces Commercial Operation Date of Nakoso Integrated Gasification Combined Cycle Power Plant, Located in Fukushima Prefecture, Japan