OREANDA-NEWS. April 05, 2011. Toshiba Corporation (TOKYO: 6502), a leading global supplier of power generation equipment, today announced that its Australian subsidiary, Toshiba International Corporation Pty. Ltd. (TIC Australia), has signed a major contract with the McConnell Dowell, SNC-Lavalin, Parsons Brinkerhoff joint venture (MSP-JV) under which it supply geothermal power equipment for the Te Mihi power station in Taupo, New Zealand. Toshiba will supply two 83MW class geothermal turbines, each with a generator and condenser, and deliver them in 2012.

Te Mihi power plant is located in the Taupo Volcanic Zone in the North island of New Zealand. The project is Toshiba Group's first geothermal power project in New Zealand, and the company was awarded the contract due to the Group's extensive experience and the proven performance and reliability of Toshiba's geothermal equipment. Design engineering and manufacturing for the project will be done at Toshiba's Keihin Product Operations in Japan.

Geothermal energy is a renewable energy source that uses naturally occurring subterranean heat sources to generate electricity. Unlike some renewable energy sources, such as wind and solar power generation, it is not weather dependent, and is able to generate stable output that contributes to secure energy supply. Today, geothermal power plants around the world have a combined generating capacity of 10,000 MW.

Toshiba Group is the world's leading supplier of geothermal power equipment on an installed capacity base. The company installed its first geothermal power equipment at Japan's Matsukawa power plant in 1966, and to date has provided equipment for 52 projects around the world, including North America, Southeast Asia and Iceland.

Toshiba Group aims to reinforce its position in the global geothermal plant market by promoting further enhancements in technology and reliability, and will continue to establish itself as a leading eco company.