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Black & Veatch to provide engineering design for power plant in Taiwan
Yahoo Finance· 2026-03-09 12:21
Core Insights - Formosa Heavy Industry Corporation (FHI) has selected Black & Veatch for engineering design services for a new 2×1.2GW H-class combined cycle power plant in Mailiao, Taiwan, which will replace two coal-fired units set to retire in 2025 [1][2] - The new facility is expected to supply electricity to approximately 1.8 million homes, contributing to regional decarbonisation and modernisation of energy infrastructure [1][3] Group 1 - The project is part of a transition from coal-fired generation to gas-fired technology, with the existing coal units being dismantled [3] - The new power plant aligns with government targets for net-zero emissions by 2050 and interim greenhouse gas reduction goals between 2030 and 2035 [4] - Black & Veatch's selection reflects its strong technical capabilities and experience in major energy developments across the Asia-Pacific region [5] Group 2 - Black & Veatch will manage conceptual, basic, and detailed engineering design, as well as provide technical support for procurement of critical equipment [2] - The project aims to improve operational flexibility and reliability while supporting industrial electricity demand [4] - Black & Veatch's engineering team is committed to delivering high-quality design and technical expertise for efficient power generation in the Mailiao area [6]