# Mitsubishi Power wins $5.2B contract for 2800 MW Taiwan power plant

Mitsubishi Power has received a turnkey contract from Taiwan Power Company for a 2800 MW combined cycle power plant in Tung Hsiao, Miaoli County, Taiwan. The contract, valued at 760 billion yen ($5.2 billion), includes five M501JAC gas turbines and is shared with CTCI Corporation.

- Type: Contract
- Announced: 2026-03-23
- Where: Tung Hsiao, Miaoli County, TWN
- Value: $5.20B (760.0B JPY)
- Status: announced
- Capacity: 2800 MW
- Products: M501JAC gas turbines, steam turbines, combined cycle power plant
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Mitsubishi Power](https://endata.com/companies/7073.md)
- [CTCI Corporation](https://endata.com/companies/1509.md) (partner)
- [Taiwan Power Company](https://endata.com/companies/6989.md) (customer)
- [Mitsubishi Power](https://endata.com/companies/7073.md) (supplier)

## Sources

- [modernpowersystems.com](https://www.modernpowersystems.com/fossil-based-powerdecorbonisation/powering-the-future-mitsubishis-multi-billion-dollar-deals-across-asia/), 2026-03-23: "The five new M501JAC based combined cycle units are scheduled to start operation sequentially during 2030 and 2031."
- [wipmagazines.com](https://www.wipmagazines.com/posts/2800mw-combined-cycle-plant-costing-us-5-2-billion-will-be-built-in-asia-by-2029), 2026-04-13: "Mitsubishi Power has won a contract for a 2800MW combined cycle power plant to be built in Taiwan."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.