MHI Thermal Systems Establishes JV to Provide Technical Consulting Services to Energy Conservation Investment Projects in China

Yesterday Mitsubishi Heavy Industries Thermal Systems, Ltd., a group company of Mitsubishi Heavy Industries, Ltd. (MHI), celebrated the establishment of a joint venture (JV) with State Grid Energy Conservation Service Co., Ltd. (SGECS), a group affiliate of State Grid Corporation of China (SGCC), China's largest power distribution and transmission company, to perform technical consulting services for energy conservation investment projects in China. The new JV, known as SGECS - MHIAS Energy Solution Service (Beijing) Co., Ltd., was established in Beijing through MHI's local subsidiary Mitsubishi Heavy Industries Air-conditioners (Shanghai) Co., Ltd. (MHIAS).