Mitsubishi Hitachi Power Systems (MHPS) has concluded a Memorandum of Understanding (MOU) with Korea Southern Power Company (KOSPO) for exchange of technology for thermal power generation.

The aim of these exchanges is to promote technical collaboration and joint research between MHPS and KOSPO. The MOU also calls for technological liaison with Korea’s Yonsei University, an academic institution with which KOSPO already enjoys a relationship of exchange.

In future, MHPS will work with both KOSPO and Yonsei University on thermal power generation technology.

The technology will be helpful in effective use of resources and reduce environmental footprint of thermal power facilities.

Korea Southern Power is a subsidiary of South Korea’s state-owned power utility Korea Electric Power Corporation (KEPCO). It generates electricity through bituminous coal and LNG.

The company also provides power plant development, EPC management, operation and maintenance, commissioning, performance monitoring, remote monitoring, and diagnosis services.

Mitsubishi Heavy Industries, Ltd, headquartered in Tokyo, Japan, is one of the world’s leading heavy machinery manufacturers. MHI’s diverse lineup of products and services encompasses shipbuilding, power plants, chemical plants, environmental equipment, steel structures, industrial and general machinery, aircraft, space rocketry and air-conditioning systems.

In July, MHPS secured an order from KOSPO to supply a 47MW natural-gas-fired gas turbine combined-cycle (GTCC) power generation system to Youngnam Natural Gas Power Plant.