CTCI Sets New Record with NT$154.7bn EPC Tender for Power Plant Upgrade

CTCI Sets New Record in EPC Tender

In a significant advancement for Taiwan's energy sector, CTCI Corporation, the country's premier engineering, procurement, and construction (EPC) company, has made headlines by winning an impressive NT$154.7 billion EPC tender. This achievement was secured in partnership with Japan's Mitsubishi Power Ltd. to enhance the infrastructure at the Tung Hsiao Power Plant.

This project will particularly focus on the construction of five advanced combined cycle generating units, augmenting the existing power plant’s capabilities. With an installation capacity of 2,800 MW, the upgrade is anticipated to meet the increasing industrial electricity demands from nearby technological hubs such as Hsinchu Science Park and Taichung Science Park, while also ensuring residential energy needs are met. Significantly, this initiative is poised to contribute to Taiwan's ambitious net zero emissions goals.

In the context of environmental sustainability, the upgrade at Tung Hsiao Power Plant is also known as the "Tung Hsiao Power Plant Phase 2 Renewal and Rebuilding Project Procurement and Installation of Combined Cycle Generating Units and Plant Facilities." This initiative was launched in collaboration with Taipower, Taiwan's state-owned utility company, and aligns perfectly with the government's energy transition policy.

A key feature of this upgrade will be the installation of combined cycle units that boast industry-leading power efficiency. Compared to traditional coal-fired units, these new installations are expected to reduce greenhouse gas (GHG) emissions by an impressive 60%. Notably, the project incorporates cutting-edge gas turbines capable of mixed combustion of hydrogen and natural gas, marking a pivotal movement towards the utilization of hydrogen as a clean energy source.

With the successful relationship established since 2013, when CTCI and Mitsubishi Power collaborated on the Tung Hsiao Phase 1 Combined Cycle Power Plant EPC Project, CTCI leadership expressed gratitude for the continued trust displayed by Taipower. Michael Yang, CTCI Corporation Chairman, emphasized the company's ongoing commitment to delivering reliable services while ensuring stability in Taiwan’s energy supply.

CTCI stands as a prominent player not only in Taiwan but also across borders, having expanded its operations into Malaysia, Vietnam, and Thailand. With an extensive background in the power sector, CTCI has developed expertise across a variety of facility types, including nuclear, thermal, cogeneration, and combined cycle plants. In addition, the company is actively involved in renewable energy projects, working on solar, wind, and biomass energy infrastructure developments. This diversified engagement allows CTCI to assist clients in navigating their diverse energy requirements while promoting stable power generation.

Being a strong advocate of green engineering, CTCI has aligned its business practices with ESG (Environmental, Social, and Governance) principles. The company’s commitment to balancing corporate profitability with environmental stewardship positions it as a key player in the transition towards sustainability.

Founded in 1979, CTCI operates as a global engineering services provider, delivering an extensive range of services, from project management to operation and maintenance. Headquartered in Taipei, the organization employs around 8,000 professionals and has established operations in over ten countries, demonstrating its aim to achieve global sustainability through innovative engineering solutions. CTCI aspires to be a leading Guardian of Sustainable Earth, contributing significantly to reducing carbon footprints and fostering a low-carbon economy through collaboration with global partners.

In conclusion, CTCI's record-setting achievement in the NT$154.7 billion EPC tender emphasizes the vital role of innovative engineering partnerships in addressing the energy needs of a rapidly growing Taiwan while fulfilling environmental responsibilities.

For more information or to explore CTCI’s initiatives, please visit CTCI's official website.