Toyo Engineering and Nippon Steel Engineering awarded EPC for Omaezakikou biomass power project
In Japan, Toyo Engineering Corporation (TOYO), an international infrastructure and industrial engineering and construction company, has announced that it together with compatriot Nippon Steel Engineering Co., Ltd (NSE) have been awarded a contract to construct a 74.95 MWe biomass power plant. This plant will be built in Omaezaki-shi and Makinohara-shi, Shizuoka Prefecture for Omaezakikou Biomass Energy G.K.
The project is being developed by Japan-headed developer and operator of renewable power plants RENOVA, Inc, that recently reached financial close and made a final investment decision on Omaezakikou Biomass Energy GK.
A joint venture between TOYO and NSE will carry out the EPC turnkey contract on a full turn-key basis that includes engineering, procurement, construction, and commissioning services for a power generation unit. The plant will use wood pellets and palm kernel shells (PKS) as fuel.
Since TOYO and NSE signed a comprehensive collaboration agreement in December 2017, both companies have been collaborating in a wide range of areas, including business and initiatives that can be expected to improve each other’s corporate value.
In this project, both companies proposed a “competitive solution by mutual complementation”, which allowed the joint venture to be awarded for this project.