A construction contract for a 794MW CCGT (Combined Cycle Gas Turbine) power plant in Larissa, Greece, has reportedly been signed with Greek construction firm AVAX. The construction period is reported at approximately 38 months, and the plant will use Mitsubishi Power’s M701JAC gas turbine, marking its first deployment in Europe, it is reported.
The plant has a capacity of 794MW, with AVAX serving as the construction contractor over an approximately 38-month build period. The Mitsubishi Power M701JAC gas turbine to be used is a large J-class unit, and this project is reported to mark the model’s first deployment in Europe.
The plant capacity is 794MW, with a construction period of approximately 38 months. The contractor is AVAX, and the gas turbine model is Mitsubishi Power’s M701JAC. The announcement date is August 5, 2026.
Amid rising electricity demand and replacement needs for aging thermal plants in Greece and southeastern Europe more broadly, investment in high-efficiency, large gas turbine-based CCGT plants is reported to be continuing.
The first European deployment of Mitsubishi Power’s J-class gas turbine illustrates Japanese gas turbine manufacturers’ efforts to expand market share in Europe’s power generation market. Whether J-class turbines are adopted in further large CCGT projects going forward is worth watching.
The actual construction and completion schedule, the operating performance of the M701JAC as its first European deployment, and the specific power purchase agreement (PPA) terms with the offtaker warrant continued monitoring once confirmed.