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IPS Wins Multi-Million Dollar Contract to Upgrade Taiwan Power Company’s Kuosheng Nuclear Plant

August 26, 2008

Invensys Process Systems (IPS), a global technology, software and consulting firm, today announced that it has signed a multi-million dollar deal with state-owned Taiwan Power Company (TPC) to provide critical upgrades to the Kuosheng Nuclear Power Plant (NPP) in northern Taiwan.

Under the terms of the contract, IPS will replace and upgrade obsolete analog-based recirculation water control systems with digital systems, allowing Kuosheng NPP to better handle plant transients and significantly improve plant availability. IPS will also provide modifications to operational training simulators to ensure process consistency with the upgrades.

“IPS services and solutions have demonstrated superior performance over incumbent, older systems, and are an important part of TPC’s goal to improve plant availability and the delivery and quality of our energy products,” said Mr. TS Liu, Instrumentation and Controls Manager at TPC Kuosheng. “We are pleased with the high level of local engineering support and services provided by IPS, and we look forward to working with them as we increase grid quality and reliability, improve competitiveness in Taiwan’s deregulating utility market and reach our CO2 emission targets.”

IPS has been a significant supplier to the global nuclear industry for more than 50 years and is well staffed with local and international automation engineers familiar with nuclear applications. The company will be providing Kuosheng NPP with a suite of digital control automation solutions, including its IA Series(R) system, FSIM(TM) and SIM4ME(R) simulation software, as well as nuclear engineering, Verification and Validation (V/V) site installation and commissioning services.

Kuosheng NPP is the second nuclear power station of state-owned Taiwan Power Company, with its two plants each generating 985MW in electrical power. More than 30 percent of TPC’s MW generation is controlled and monitored by IPS systems.

“IPS is glad to be a trusted solutions partner of TPC in its nuclear power generation expansion and market improvement goals,” said Mr. Jackson Chiu, General Manager for IPS, Taiwan. “With ever increasing crude, feedstock and operational costs, nuclear power generation will drive the next phase of energy affordability and availability to industries and households. Thus automating critical plant processes for better reliability and safety has never been more important.”

About IPS (Invensys Process Systems)

Invensys Process Systems (IPS), headquartered in Plano, Texas, is a global technology, software and consulting firm leading significant change in process manufacturing, plant optimization, business operations and enterprise performance. IPS clients are some of the world’s most important industrial organizations — companies that operate large oil refineries; plants that process chemicals, gas, LNG, power, pharmaceutical and minerals; and pulp and paper mills. IPS solutions, used at over 50,000 locations across the globe, include field devices and controls from Foxboro and Triconex, advanced applications from SimSci-Esscor, operations management from Avantis, and the world’s first truly open enterprise control system, InFusion(TM).

The company’s nearly 7,000 employees integrate these capabilities to create solutions that impact and increase efficiency, boost productivity, and accelerate performance. These results help industrial companies run safer, operate more efficiently, and extract useful knowledge from their operations to make faster, better decisions. To learn more about IPS visit www.ips.invensys.com.

The Invensys Group (www.invensys.com) is headquartered in London and is listed on the London Stock Exchange (ISYS.L), with approximately 25,000 employees working in 60 countries.

Invensys, Avantis, Foxboro, SimSci-Esscor, FSIM, SIM4ME, Triconex, InFusion, and the IPS logo are trademarks of Invensys plc, its subsidiaries, or affiliates. All other brands and product names may be trademarks of their respective owners.

 CONTACTS IPS Contact: Sherie Ng Vice President, Marketing, Invensys Process Systems Email Contact O: +65 68298827 M: +65 98399411  

SOURCE: Invensys Process Systems




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