Gas Turbine Power Generation Systems Ordered for 2012 APEC Summit Site

Tokyo, October 20, 2009 — Kawasaki Heavy Industries, Ltd. announced today that it has received two orders for its GPB70 gas turbine power generation systems from Russia's Far Eastern Energy Company via general contractor, Sojitz Corporation. These power generation systems driven by Kawasaki's proprietary M7A-02 gas turbines will be used at the site of the 2012 APEC summit to be held on Russky Island in Vladivostok. These are the first Kawasaki gas turbine power generation systems to go to Russia.

The orders came as part of a project to construct a cogeneration system consisting of a gas turbine power generation systems and a hot water boilers that will supply electricity and heat for the APEC summit venue. Designed to help curb global warming, the cogeneration system uses exhaust gas from the gas turbine power generation system to supply hot water for an overall efficiency rate of approximately 80%. The power generation systems are equipped with dual fuel gas turbines that will be powered by light fuel oil until it makes the switch to natural gas with the scheduled completion of a natural gas pipeline in the fall of 2011.

The gas turbine power generation systems are slated to start operating in November 2009 and May 2010 respectively. Orders for a third and fourth Kawasaki gas turbine power generation system scheduled to go on line in 2011 are currently in the works. This latest contract also includes an option for three additional gas turbine power generation systems. An order for these additional units will be placed under the FY2010 budget.

The gas turbine power generation systems are each equipped with an M7A gas turbine, a 6 to 8 MW-class industrial gas turbine developed using Kawasaki's proprietary technology. In early 2009 Kawasaki produced its one hundredth 6 to 8 MW-class M7A series gas turbine ahead of other Japanese makers. Since shipping its first unit in 1994, Kawasaki has delivered its M7A gas turbines not only throughout Japan but also to Europe, the U.S. and other markets around the world.

The GPB70 has been proven to outperform all competitors over a wide range of areas. This latest order is a testament to the GPB70's overall superior performance, compact size and ease of maintenance in addition to Kawasaki's excellent customer support services in the Russian Far East.