Philip Morris International reports first-quarter 2024 results and updates full year guidance    NEOM launches Jaumur: A new cosmopolitan marina community    JAX District earns industrial heritage site designation in Saudi Arabia    Saudi Arabia, UK conclude strategic dialogue on aid delivery    Saudi Cabinet discusses global cooperation and sustainability initiatives    King of Morocco receives Saudi minister    Saudi citizen sentenced to 15 years in prison and fine in drug trafficking case    Ministry launches 'Ajeer' service to support seasonal employment for Hajj    AlUla Academy set to be a hub for tourism vocational training in Saudi Arabia and the region    Israel reopens key Kerem Shalom border crossing for Gaza aid    Climate change: World's oceans suffer from record-breaking year of heat    Miss USA Noelia Voigt resigns title on 'mental health grounds'    Turki Alalshikh unveils exclusive watch to commemorate 'Ring of Fire' heavyweight title fight    'The Lab': Fashion Commission launches a pioneering fashion studio in Riyadh    Al Qadsiah returns to Saudi Pro League    Al Hilal on verge of Saudi League title with thrilling win over Al Ahli    Chinese climbers stuck on cliff for more than an hour due to overcrowding    teamLab Borderless Museum set to open in Jeddah this summer    Saudi Pro League's Allazeez dismisses charges of favoritism in player recruitment    Lord of the Rings cast pay tribute to Bernard Hill, who has died aged 79    JK Rowling in 'arrest me' challenge over hate crime law    Trump's Bible endorsement raises concern in Christian religious circles    Hollywood icon Will Smith shares his profound admiration for Holy Qur'an    We have celebrated Founding Day for three years - but it has been with us for 300    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



MHPS launches National Program for Saudi Arabia
Published in The Saudi Gazette on 27 - 04 - 2019

MHPS Saudi Arabia, Co., a subsidiary of Mitsubishi Hitachi Power Systems, Ltd. (MHPS), has announced the launch of the MHPS National Program for Saudi Arabia, heralding a pivotal moment for both the energy and manufacturing sectors in Saudi Arabia.
While MHPS has been a long-term partner in the energy sector in KSA, the National Program, already a year in development, will see MHPS move forward with the creation of manufacturing facilities to build the world's most efficient and reliable gas turbines here in the Kingdom.
Developed to be in close alignment with Vision 2030 and Saudi Aramco's In Kingdom Total Value Add (IKTVA) program objectives, the MHPS program will drive domestic value through the creation of high skilled jobs, greater energy efficiency and diversification, and greater global competitiveness in the manufacturing sector.
The MHPS National Program for KSA consists of localizing manufacturing of Gas Turbines and Services in the kingdom built and serviced by Saudi hands and expertise whilst MHPS will train and build capabilities of the young Saudis in the area of manufacturing, repair and services. It also includes utilization of material resources from local manufacturing and suppliers wherever possible.
The announcement of the National Program for Saudi Arabia is the first official act of Ken Kawai, MHPS's new President and CEO who has been an ardent supporter of the Kingdom and has spent considerable time there helping drive MHPS initiatives and investments. "With this new announcement, we are proud to be bringing our cutting edge technology to the kingdom," said Kawai. "We pioneer breakthrough technologies—from advanced gas turbines to A.I. systems that automate power plants—to meet the increasing demand for cleaner, more efficient and more reliable electricity,"
Enhancing our presence in the region and now further embedding MHPS within the Kingdom, the new MHPS facility, the third one in Dammam will open by 2021. "This state of the art production facility will create Saudi jobs and establish a significant shift in the make-up of cleaner more efficient energy production in KSA," said Khalid Salem, President of Mitsubishi Hitachi Power Systems in Middle East and North Africa.
MHPS Advanced Class Gas Turbines are world's leading, with a best-in-class efficiency rating approaching 65% and best-in-class reliability rating of 99.5%. Providing electricity producers with lower operating costs – and minimal maintenance and repair downtime – this technology's flexibility to ramp quickly has the power to transform the very make-up of the electricity grid. The result of precision engineering where each component part is of the highest quality, it also represents the epitome of manufacturing skill.
Developing the mastery needed to produce this technology within the Saudi population is the cornerstone of the MHPS program. The sustainability of local talent as well as energy are for MHPS, both integral to driving a change in power for the better, wherever they operate in the world.
With up to 10% annual electricity growth in the Kingdom, and a historic dependence on oil for electricity generation, Vision 2030 outlines a commitment to diversify power generation in KSA and pursue natural gas generation.
MHPS is already providing job opportunities – and related training programs – for Saudi nationals. In 2017, in order to be closer and more supportive of their Saudi customers, MHPS established a state-of-the-art rotor repair facility in Dammam.
Shuhei Momma, CEO of MHPS Saudi Arabia, Co., said: "From today's announcement, it is clear MHPS has a long-term commitment to driving change in power within the Kingdom, for the KSA of today, and of tomorrow." — SG


Clic here to read the story from its source.