2001 Press Releases-11

Taiwan Power Company has awarded a contract to Yokogawa Electric Corporation to supply a control system for the Taichung Thermal Power Plant Unit 9 and 10.
These coal-fired electric generating units produce 550MW each. Yokogawa will supply their advanced integrated production control system, the CENTUM CS 3000, together with field transmitters. The system is scheduled for delivery to Taichung in July 2002 for Unit 9 and April 2003 for Unit 10 respectively.

This contract marks the first installation of a Yokogawa DCS in a Taiwan Power Company facility. Yokogawa has DCS systems installed in large power plants in several Asia Pacific countries including Singapore, Vietnam and Australia.

Taiwan Power Company and Gibsin Engineers, Ltd., a technical consultant for Taichung project, reviewing the operating records of these installations and recommended the implementation of a Yokogawa system based on high performance in all areas.

In a related contract, Yokogawa has received another DCS order for burner control system from Mitsui Babcock Energy Limited in the United Kingdom, the boiler manufacturer for the Taichung project.

In order to play an active role in the active global power market, Yokogawa founded the Global Power Center (GPC) in April, 2001. Headquartered in Sydney, Australia, the GPC's role is to coordinate the vast resources of Yokogawa and supply solutions specific to the power industry. Research and development operations and project management are based in Tokyo, enabling Yokogawa to realize competitive pricing in a global market.

Under the GPC scheme, Taiwan Power's Taichung project is a joint effort of Yokogawa Australia, Yokogawa Taiwan and Yokogawa Singapore. Each subsidiaries' strength and resources will provide specialized support and resources that will enhance the overall project.

Taiwan Power Company adopted an open bidding system in 1999, when Taiwan decided to join the World Trade Organization. This gave Yokogawa an opportunity to enter a bid owes to their collective strength of technology, products, experience, and cost performance.
Yokogawa continues to expand its global network of services and products to serve the worldwide power market.