ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Mitsubishi Power, Government and Industry Leaders Discuss Energy Security and Transition at 2022 Gas Turbine Technical Seminar in Bangladesh



Singapore, Dec 13, 2022 - (JCN Newswire) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, has kicked off its 2022 Gas Turbine Technical Seminar in Bangladesh. Set to take place in Dhaka from 11-12 December 2022, the two-day event aims to discuss the latest solutions and services in the power generation industry to advance energy security and decarbonization.

Present at the conference were Md. Habibur Rahman, Honorable Secretary, Power Division, Ministry of Power, Energy and Mineral Resources, Bangladesh; Engr. Md Mahbubur Rahman, Chairman of Bangladesh Power Development Board; Mr. Tatsuya Machida, (Deputy Chief of Mission), from the Japan Embassy and Osamu Ono, Managing Director, Chief Executive Officer, Mitsubishi Power Asia Pacific; amongst others.


The event, attended by around 200 government representatives, industry leaders and local partners, includes dedicated user sessions and presentations by Mitsubishi Power's technical experts that deep dive into Mitsubishi Power's industry leading solutions and services - from decarbonization technologies such as hydrogen and ammonia co-firing, to enhancement of the reliability and performance of gas turbines.

Md. Habibur Rahman, Honorable Secretary, Power Division, Ministry of Power, Energy and Mineral Resources, Bangladesh; Engr. Md Mahbubur Rahman, Chairman of Bangladesh Power Development Board; and Mr. Tatsuya Machida, (Deputy Chief of Mission), from the Japan Embassy - together with Osamu Ono, Managing Director and Chief Executive Officer, Mitsubishi Power Asia Pacific - graced the opening ceremony. The dignitaries gave speeches underscoring the importance of partnership across nations, sectors and industries to support Bangladesh's transition to cleaner energy while maintaining energy security, accessibility and affordability.

"Bangladesh was the first Asia Pacific country where Mitsubishi Power successfully delivered a steam turbine back in 1960. Since then, we have remained committed to our mandate and today, are responsible for approximately 20% of Bangladesh's total energy production. The country has immense potential for growth, fueled by progress in its power sector. Together with our valued partners and customers, we are committed to supporting Bangladesh in realizing its energy needs and achieving net zero emissions," said Osamu Ono, Managing Director and Chief Executive Officer, Mitsubishi Power Asia Pacific.

During his speech at the opening ceremony, Md. Habibur Rahman shared that after achieving the target of 100% electricity supply across the country, their transitional goal is to ensure affordable, better quality and uninterrupted power supply to all. They hope that Mitsubishi Power will work with them in achieving the target of 40,000 megawatt power generation by 2030. Mr. Rahman also highlighted interest in hydrogen technology, citing Bangladesh's 'Mujib Climate Prosperity Plan' that seeks cleaner, renewable energy sources such as green hydrogen and blue hydrogen.

Engr. Md Mahbubur Rahman stated that Mitsubishi Power has been partnering with the government of Bangladesh for more than two decades, helping the country in achieving long-term power supply. Bangladesh has started hydrogen-based power generation, which will play an important role in reducing carbon emissions. He expressed hopes that through this, Mitsubishi Power will play a special role in strengthening the partnership with the government towards achieving the country's energy needs and the goal of zero carbon emission.

Mitsubishi Power's gas turbines support Bangladesh's power grid at five power plants across the country. Its M701F gas turbine was installed in Haripur as the first large-class gas turbine in Bangladesh and one of the most efficient and reliable in the country since 2014. These power plants are complemented by after-sales and operations and maintenance services to ensure that plants remain efficient and support a constant supply of electricity across the country.

For more information and latest updates on the 2022 Mitsubishi Power Gas Turbine Technical Seminar in Bangladesh, follow Mitsubishi Power Asia Pacific LinkedIn page.

About Mitsubishi Power

Mitsubishi Power is a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI). Across more than 30 countries worldwide, Mitsubishi Power designs, manufactures and maintains equipment and systems that drive decarbonization and ensure delivery of reliable power around the world. Among its solutions are a wide range of gas turbines including hydrogen-fueled gas turbines, solid-oxide fuel cells (SOFCs), and air quality control systems (AQCS). Committed to providing exemplary service and working with customers to imagine the future of energy, Mitsubishi Power is also spearheading the development of the digital power plant through its suite of AI-enabled TOMONI solutions.

For more information, please visit https://power.mhi.com.

Press Contact:

For Mitsubishi Power Asia Pacific Pte. Ltd.

Corporate Communication Department
Mitsubishi Heavy Industries, Ltd.
Email: mediacontact_global@mhi.com

Sophia Wee
APAC Communications
Mitsubishi Power Asia Pacific
Email: sophia.wee.3z@mhi.com

Source: Mitsubishi Power, Ltd.

Copyright 2022 JCN Newswire . All rights reserved.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.