Gas feed thermal power companies focus on generating electricity through the combustion of natural gas. This industry has expanded as energy demands rise and cleaner alternatives become necessary. Companies involved vary from manufacturers of power generation equipment to operational providers of thermal energy systems. Their operations often integrate innovative technologies for improved efficiency and reduced emissions, influencing the transition toward a more sustainable energy future. The current shifting landscape of energy sources, driven significantly by policy changes and consumer preferences, suggests a growing emphasis on gas over traditional fossil fuels.


This list highlights 22 gas feed thermal power companies, showcasing a range of scales from startups to established corporations. With headquarters spread across regions like Asia, Europe, and the Americas, these companies were founded from the early 1900s to recent years. They specialize in energy generation, engineering services, and sustainable technologies. The size of these companies varies notably, with staffing from fewer than 50 employees to over 10,000. Their specialties include gas turbines, combined cycle plants, and both renewable and thermal energy developments.


Continue reading to discover the top gas feed thermal power companies.


Top 22 Gas Feed Thermal Power Companies


1. Mitsubishi Power

  • Website: power.mhi.com
  • Ownership type: Private
  • Headquarters: Yokohama, Kanagawa, Japan
  • Employee distribution: India 22%, South Africa 17%, United States (USA) 16%, Other 46%
  • Founded year: 2001
  • Headcount: 10001+
  • LinkedIn: mitsubishi-hitachi-power-systems

Mitsubishi Power, based in Yokohama, Kanagawa, Japan, is a prominent manufacturer of power generation equipment. Founded in 2001, the company operates under the umbrella of Mitsubishi Heavy Industries and specializes in advanced energy solutions, including gas turbines, steam turbines, and air quality control systems. Mitsubishi Power serves a wide range of utility and industrial customers, emphasizing sustainable energy production and operational efficiency. Their innovative technologies and comprehensive maintenance services support the transition to cleaner energy sources. The company has been involved in various significant projects globally, including the development of high-efficiency gas turbine systems and the implementation of hydrogen co-firing technology, showcasing their commitment to advancing the energy sector. With a workforce distributed across multiple countries, including India, South Africa, and the United States, Mitsubishi Power is well-positioned to address the evolving demands of the energy market.


2. Tebsa

  • Website: tebsa.com.co
  • Ownership type: Private
  • Headquarters: Soledad, Atlantico, Colombia
  • Employee distribution: Colombia 100%
  • Founded year: 1992
  • Headcount: 201-500
  • LinkedIn: termobarranquilla

Tebsa, founded in 1992 and based in Soledad, Atlántico, Colombia, is a private energy company that specializes in thermal electricity generation and natural gas consumption. The company operates a thermal power plant with a net effective capacity of 918 MW, which plays a crucial role in supplying energy to businesses and organizations across Colombia. Tebsa's operations cover about 12% of the national energy demand and a significant 45% of the Caribbean region's energy needs. The plant primarily relies on natural gas, positioning Tebsa as the largest consumer of this resource in the country. The company is dedicated to providing reliable energy solutions while also focusing on sustainability and corporate social responsibility, ensuring that its operations positively impact the environment and local communities.


3. JERA Co., Inc.

  • Website: jera.co.jp
  • Ownership type: Private
  • Headquarters: Chuo City, Tokyo, Japan
  • Employee distribution: Japan 90%, United Arab Emirates 4%, Australia 3%, Other 4%
  • Founded year: 2015
  • Headcount: 1001-5000
  • LinkedIn: jera-co-inc

JERA Co., Inc., founded in 2015 and based in Chuo City, Tokyo, Japan, is an energy company that specializes in power generation and thermal power operations. With a workforce of approximately 741 employees, JERA focuses on generating electricity primarily through thermal power stations, including gas feed thermal power. The company plays a crucial role in supplying electricity to retail electric utilities, ensuring that consumer demand is met efficiently. JERA is also involved in various investment projects aimed at enhancing energy supply stability, which includes significant investments in gas thermal power projects. The company is actively working towards reducing carbon emissions and transitioning to renewable energy sources, with a clear goal of achieving zero CO2 emissions by 2050. Their operational footprint extends beyond Japan, with activities in the United Arab Emirates and Australia, reflecting their commitment to a global energy strategy.


4. Cespm

  • Website: energas.do
  • Ownership type: Private
  • Headquarters: Santo Domingo, Distrito Nacional, Dominican Republic
  • Employee distribution: Mexico 77%, Dominican Republic 23%
  • Founded year: 1998
  • Headcount: 51-200
  • LinkedIn: cespm

Energas, officially known as Compañía de Electricidad de San Pedro de Macorís (CESPM), is an electric utility company based in Santo Domingo, Dominican Republic. Founded in 1998, the company operates a thermal power plant with a total capacity of 300 MW, utilizing three combined cycle units of 100 MW each. Energas focuses on generating electricity through natural gas, which allows for more efficient energy production and significantly lower carbon emissions compared to conventional power generation methods. The company has made strides in sustainability, achieving a reduction of 460,000 metric tons of CO2 emissions annually since its conversion to natural gas in 2020. Energas is dedicated to providing reliable and economical energy solutions to residential, commercial, and industrial customers while also engaging in community development and environmental conservation initiatives. Their operations not only support the local economy but also contribute to the broader goals of sustainable energy in the region.


5. MahTaab Group

  • Website: mah-taab.com
  • Ownership type: Private
  • Headquarters: Tehran, Tehran, Iran
  • Employee distribution: Iran 100%
  • Founded year: 2002
  • Headcount: 51-200
  • LinkedIn: mahtaabgroup

MahTaab Group, established in 2002, is a private energy company located in Tehran, Iran. The company specializes in power generation, oil and gas, and renewable energy. It operates a range of thermal power plants, contributing significantly to Iran's electricity supply. With an installed capacity of approximately 3,700 MW across its thermal power plants, MahTaab Group utilizes gas and combined cycle technologies to enhance energy efficiency. The company also engages in various social responsibility initiatives, aiming to improve community welfare alongside its business operations. MahTaab Group is recognized as a pioneer in the private sector for electricity production in Iran, focusing on meeting the country's growing electricity demand while maintaining high operational standards.


6. Joint Stock Company (ZiO) Machine-Building Factory of Podolsk

  • Website: podolskmash.ru
  • Ownership type: Private
  • Headquarters: Russia
  • Employee distribution: Russia 100%
  • Founded year: 1919
  • Headcount: 1001-5000
  • LinkedIn: podolskmash

Joint Stock Company (ZiO) Machine-Building Factory of Podolsk, founded in 1919, is a private manufacturing company based in Russia. It specializes in the production of boiler equipment and offers engineering services tailored for the thermal energy and oil and gas industries. The company provides a full cycle of services, from technical and economic justification to engineering, manufacturing, and construction of energy facilities. With a production capacity exceeding 25,000 tons of boiler equipment annually, ZiO has established itself as a significant player in the thermal energy sector. They have successfully completed over 150 projects in the last decade, supplying equipment to both domestic and international thermal power plants. Their commitment to quality and compliance with technical standards ensures efficient energy generation, making them a relevant entity in the gas feed thermal power industry.


7. Calpine

  • Website: calpine.com
  • Ownership type: Corporate
  • Headquarters: Houston, Texas, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: $16.4B, January 2025
  • Founded year: 1984
  • Headcount: 1001-5000
  • LinkedIn: calpine

Calpine Corporation, founded in 1984 and headquartered in Houston, Texas, is an energy company that specializes in electricity generation from natural gas and geothermal resources. With a workforce of over 2,400 employees, Calpine operates 77 facilities across the United States and parts of Canada and Mexico. The company generates around 27,000 megawatts of electricity, enough to power approximately 27 million homes. Calpine is recognized for its commitment to sustainability and innovation, focusing on low-carbon energy solutions. They operate the largest portfolio of cogeneration facilities in the nation and are heavily invested in carbon capture and storage technologies. Additionally, Calpine has a significant geothermal energy operation at The Geysers, which contributes to their clean energy initiatives. Their retail services, including Champion Energy Services and Calpine Energy Solutions, further enhance their market presence, allowing them to cater to both residential and commercial customers.


8. Foxtrot International

  • Website: foxtrot-international.com
  • Ownership type: Private Equity
  • Headquarters: Abidjan, Abidjan, Cote d'Ivoire (Ivory Coast)
  • Employee distribution: Cote d'Ivoire (Ivory Coast) 98%, Other 2%
  • Latest funding: May 1999
  • Founded year: 1994
  • Headcount: 51-200
  • LinkedIn: foxtrot-international

Foxtrot International LDC is an energy company based in Abidjan, Côte d'Ivoire, founded in 1994. The company specializes in the production of natural gas and oil, playing a crucial role in meeting the growing energy demands of the country. Foxtrot is the primary producer of natural gas in Côte d'Ivoire, operating significant gas fields such as Foxtrot and Mahi, and recently developed fields like Marlin and Manta. The company supplies natural gas to various electricity producers, including major thermal power plants like Azito and CIPREL, which rely on this gas for electricity generation. Foxtrot emphasizes technical support, geosciences, and project management in its operations, ensuring efficient and reliable energy supply. With a workforce of around 316 employees, Foxtrot is committed to expanding its production capabilities and enhancing its contribution to the national energy sector.


9. Roshd Sanat Co.

  • Website: roshdsanat.com
  • Ownership type: Private
  • Headquarters: Tehran, Tehran, Iran
  • Employee distribution: Iran 100%
  • Founded year: 1990
  • Headcount: 51-200
  • LinkedIn: roshd-sanat-co

Roshd Sanat Co. is an energy company located in Tehran, Iran, established in 1990. The company specializes in the construction and operation of power plants, with a particular emphasis on hydroelectric, thermal, and gas facilities. Roshd Sanat provides comprehensive engineering, procurement, and construction services, catering to both government and private sector clients. Their portfolio includes a variety of projects that address the increasing demand for reliable energy solutions. Notably, Roshd Sanat has been involved in the development of gas-fired thermal power plants, showcasing their expertise in this area. The company also engages in renewable energy projects, positioning itself as a significant player in the energy sector. With a workforce of 51-200 employees, Roshd Sanat is committed to maintaining high standards of quality and safety, as evidenced by their various certifications, including ISO standards.


10. Termoeléctrica Manuel Belgrano S.A.


Termoeléctrica Manuel Belgrano S.A. (TMB) is an energy company based in Campana, Buenos Aires, Argentina, founded in 2005. The company operates a thermal power plant that employs a combined cycle process to generate electricity. With a total capacity of 823 MW, TMB plays a crucial role in the Argentine energy sector, supplying approximately 4.6% of the national electricity demand and nearly 7% of the country's thermal energy output. The plant is designed to utilize natural gas, gas oil, and other fuels, optimizing efficiency through its dual turbine system. TMB is committed to environmental standards, holding multiple certifications, including ISO 9001 and ISO 14001, which reflect its dedication to quality and environmental management. The company serves utility companies and the national grid, addressing the energy needs of Argentina while also engaging in initiatives for environmental conservation through its private reserve, El Morejón.


11. Seven Energy International

  • Website: sevenenergy.com
  • Ownership type: Corporate
  • Headquarters: London, England, United Kingdom (UK)
  • Employee distribution: Nigeria 100%
  • Latest funding: November 2017
  • Founded year: 2004
  • Headcount: 201-500
  • LinkedIn: seven-energy-international

Savannah Energy PLC, formerly known as Seven Energy International, is a British independent energy company headquartered in London. Founded in 2004, the company is primarily focused on delivering energy projects across Africa, with a strong emphasis on gas production and distribution. Savannah Energy has a significant controlling interest in a large-scale integrated gas production and distribution business in Nigeria, supplying gas to about 20% of the country's thermal power generation capacity. The company also holds interests in assets in Niger and Cameroon, further expanding its operational footprint. In addition to its gas initiatives, Savannah is pursuing renewable energy projects, including solar and wind, aiming to provide sustainable energy solutions. This strategic approach positions Savannah Energy as a notable player in the energy sector, particularly in the context of gas feed thermal power generation.


12. PT PP Energi

  • Website: pp-energi.co.id
  • Ownership type: Private
  • Headquarters: East Jakarta, Jakarta, Indonesia
  • Employee distribution: Indonesia 100%
  • Founded year: 2016
  • Headcount: 51-200
  • LinkedIn: pt-pp-energi

PT PP Energi, established in 2016 and based in East Jakarta, Indonesia, is a private energy company that operates as a subsidiary of PT PP (Persero) Tbk. The company specializes in oil and gas, thermal power, and renewable energy solutions, aiming to enhance energy security and independence in Indonesia. PT PP Energi is actively involved in the thermal power sector, with a portfolio that includes several coal-fired power plants, such as the IPP Lampung Tengah and IPP Meulaboh projects. The company envisions significant growth in its thermal power capacity, targeting investments exceeding 10,000 MW. In addition to thermal power, PT PP Energi also engages in upstream and downstream oil and gas operations, showcasing its comprehensive approach to energy production. Their commitment to sustainable energy development is evident in their initiatives in renewable energy, including hydropower and waste-to-energy projects. Overall, PT PP Energi is positioned as a key player in Indonesia's energy landscape, focusing on both traditional and renewable energy sources.


13. Dongfang Turbine Co., Ltd.

  • Website: dfstw.com
  • Ownership type: Private
  • Headquarters: Deyang, Sichuan, China
  • Employee distribution: China 100%
  • Founded year: 1965
  • Headcount: 11-50
  • LinkedIn: dongfang-turbine-co-ltd-

Dongfang Turbine Co., Ltd., established in 1965 and based in Deyang, Sichuan, China, is a private energy equipment manufacturer. The company specializes in high-end energy solutions, including thermal, nuclear, and renewable energy equipment. With a workforce of approximately 213 employees, Dongfang Turbine is dedicated to serving both the power generation and industrial sectors. Their product offerings include gas turbines, industrial steam turbines, and auxiliary systems, all designed to improve energy efficiency and support the transition to cleaner energy sources. The company is committed to innovation and sustainability, aiming to build a globally competitive enterprise in the energy equipment industry. Dongfang Turbine has also established a robust research and development framework, which includes national key laboratories and a focus on developing proprietary technologies. This positions them well within the energy sector, particularly in the gas feed thermal power segment.


14. REPco

  • Website: repco-int.com
  • Ownership type: Private
  • Headquarters: Mashhad, Razavi Khorasan, Iran
  • Employee distribution: Iran 76%, Iraq 24%
  • Founded year: 2015
  • Headcount: 51-200
  • LinkedIn: raadenergy-repco

REPco, officially known as Raeed Energy (RAPCO), is an energy services company based in Mashhad, Iran. Founded in 2015, the company has quickly established itself in the energy sector, focusing on the installation and maintenance of power plants and industrial machinery. REPco offers a range of services that include the installation of thermal, gas, and renewable energy systems, as well as specialized repairs and overhauls of gas turbines. Their clientele primarily consists of businesses in the energy sector that require reliable and efficient energy production solutions. With a workforce of around 21 employees, REPco operates mainly in Iran and Iraq, reflecting its regional focus. The company prides itself on its technical expertise and commitment to quality, which is evident in its successful completion of various projects related to gas power systems, including the installation and commissioning of gas turbine units. REPco's mission emphasizes contributing to the industrial independence of Iran, highlighting its role in the local energy market.


15. DB Thermal

  • Website: dbthermal.co.za
  • Ownership type: Private
  • Headquarters: Johannesburg, Gauteng, South Africa
  • Employee distribution: South Africa 100%
  • Founded year: 1970
  • Headcount: 1001-5000
  • LinkedIn: db-thermal

DB Thermal, founded in 1970 and based in Johannesburg, South Africa, is a private manufacturing and engineering company. It specializes in providing solutions for the power and oil & gas sectors. The company offers a comprehensive range of products and services, including the manufacturing of components, construction, and maintenance for power plants and refineries. With over 45 years of experience, DB Thermal has established itself as a reliable partner for power utilities and refinery operators in Southern Africa. Their capabilities extend to various power generation technologies, including coal, solar, nuclear, and gas. The company is part of SPX Corporation, which enhances its technical skills and global collaboration while maintaining a strong local presence. DB Thermal is committed to quality management and adheres to international standards, ensuring that their products and services meet the needs of their clients effectively.


16. Mapna-md1

  • Website: mapnamd1.com
  • Ownership type: Private
  • Headquarters: Tehran, Tehran, Iran
  • Employee distribution: Iran 100%
  • Founded year: 1999
  • Headcount: 501-1000
  • LinkedIn: mapna-md1

Mapna Development One, known as Mapna-md1, is an energy company located in Tehran, Iran. Established in 1999, the company specializes in the construction and operation of thermal power plants, with a strong emphasis on gas-fired power generation. Mapna-md1 serves both government and industrial clients, providing reliable energy solutions and infrastructure development. The company has been involved in numerous projects aimed at increasing energy capacity and efficiency across various regions. Notably, they have successfully delivered multiple gas turbine units, contributing significantly to Iran's energy landscape. Their commitment to innovation and operational excellence positions them as a key player in the thermal power sector, particularly in gas feed applications.


17. Energas Technologies

  • Website: energas.co.za
  • Ownership type: Private
  • Headquarters: Boksburg, Gauteng, South Africa
  • Employee distribution: South Africa 89%, Italy 11%
  • Founded year: 2001
  • Headcount: 11-50
  • LinkedIn: energas-technologies-sa

Energas Technologies, founded in 2001 and based in Boksburg, Gauteng, South Africa, is a private energy solutions provider. The company specializes in gas-to-power and renewable energy solutions, offering a range of products and services that include gas engines, pressure reduction skids, and waste heat recovery systems. Energas primarily serves businesses in the manufacturing and energy sectors, focusing on engineered solutions that improve energy efficiency and safety in gas management. Their expertise extends from the gas well through the distribution network to the end user, making them a significant contributor to the gas feed thermal power industry. Energas Technologies is committed to delivering turnkey projects and product support, ensuring that their clients can effectively harness gas for power generation and other applications.


18. Ghods Niroo Engineering Company (GNEC)


Ghods Niroo Engineering Company (GNEC), founded in 1973 and based in Tehran, Iran, is a private engineering firm that specializes in energy and infrastructure projects. The company has a workforce of approximately 363 employees and has been active in the industry for over five decades. GNEC offers a comprehensive range of services, including the design and construction of thermal power plants, particularly gas-fired and combined cycle plants. They also engage in oil and gas projects, renewable energy solutions, and provide engineering consulting services aimed at improving energy efficiency and reliability. GNEC serves both government and industrial clients, showcasing their capability in managing large-scale projects. Their extensive experience in the energy sector positions them as a knowledgeable entity in the field, particularly in the context of gas feed thermal power generation.


19. HGE - Hidráulica, Gás e Energia, SA


HGE - Hidráulica, Gás e Energia, SA, founded in 2009, is an energy solutions provider based in Leiria, Portugal. The company specializes in thermal energy systems, offering services that include district heating and cooling, thermal power plants, and HVAC installations. HGE has established itself as a reference in thermal energy, particularly in district heating and cooling, where they manufacture substations for thermal energy distribution. Their commitment to sustainability is evident in their focus on innovative solutions that promote energy efficiency and decarbonization. HGE operates a manufacturing facility in Portugal and has a presence in France, employing advanced technology and a dedicated design and development team to create tailored energy solutions for their clients. Their mission is to produce high-quality services and systems that contribute to a cleaner and more efficient energy future.


20. INNIO Group

  • Website: innio.com
  • Ownership type: Private Equity
  • Headquarters: Jenbach, Tyrol, Austria
  • Employee distribution: Austria 43%, United States (USA) 14%, Hungary 14%, Other 29%
  • Latest funding: $3.2B, June 2018
  • Founded year: 2018
  • Headcount: 1001-5000
  • LinkedIn: innio-group

INNIO Group, founded in 2018 and based in Jenbach, Tyrol, Austria, is an energy solutions provider that specializes in renewable gas, natural gas, and hydrogen technologies. The company manufactures Jenbacher and Waukesha engines, which are integral to cogeneration systems that deliver both power and heat. INNIO serves a variety of industries, including agriculture and utilities, and is dedicated to facilitating the transition to sustainable energy solutions. With a workforce of over 2,200 employees, INNIO is positioned to meet the growing demand for efficient and environmentally friendly energy solutions. Their innovative technologies are designed to support customers in achieving their energy goals while minimizing their carbon footprint.


21. Proterm Enerji

  • Website: protermenerji.com
  • Ownership type: Private
  • Headquarters: Ankara, Ankara, Turkey
  • Employee distribution: Turkey 100%
  • Founded year: 2002
  • Headcount: 201-500
  • LinkedIn: proterm-enerji

Proterm Enerji Sanayi Ticaret A.Ş., founded in 2002 and based in Ankara, Turkey, is a private energy services company that specializes in the assembly and maintenance of thermal power plants, including gas and steam turbines. With a workforce of approximately 109 employees, Proterm Enerji has established itself as a key player in the energy sector, providing critical services to energy companies and industrial firms. Their offerings include the installation of power plants, as well as comprehensive maintenance services for gas and steam turbines. The company has successfully completed numerous projects, including significant contracts for the mechanical assembly and ongoing maintenance of large-scale gas combined cycle power plants. Their commitment to quality and safety is underscored by their adherence to international standards, as evidenced by their ISO certifications. Proterm Enerji's focus on maximizing energy output and reliability positions them as a vital contributor to the thermal power industry in Turkey and beyond.


22. Kallpa Generacion S.A.

  • Website: kallpageneracion.com.pe
  • Ownership type: Corporate
  • Headquarters: United States (USA)
  • Employee distribution: Peru 98%, Other 2%
  • Latest funding: February 2019
  • Founded year: 2007
  • Headcount: 201-500
  • LinkedIn: kallpa-generacion

Kallpa Generacion S.A. is an energy company based in Peru, specializing in electricity generation. Founded in 2007, the company has established itself as a significant player in the Peruvian energy market, operating both hydroelectric and thermal power plants. With a total installed capacity of 2,202 MW, Kallpa supplies approximately 23% of the national electricity market. Their portfolio includes three hydroelectric plants and two thermal plants, with a focus on gas feed thermal generation. Kallpa is committed to providing reliable energy solutions to businesses and consumers, ensuring a continuous and dependable energy supply. The company emphasizes sustainability and innovation in its operations, integrating environmental and social governance practices into its business model. Kallpa's thermal plants have been converted to combined cycle technology, enhancing their efficiency and energy output without increasing gas consumption. This strategic approach positions Kallpa as a forward-thinking entity in the energy sector.



Gas Feed Thermal Power Insights: Key Companies


CompanyHeadquarterSizeFoundedOwnership
Mitsubishi PowerYokohama, Kanagawa, Japan10001+2001Private
TebsaSoledad, Atlantico, Colombia201-5001992Private
JERA Co., Inc.Chuo City, Tokyo, Japan1001-50002015Private
CespmSanto Domingo, Distrito Nacional, Dominican Republic51-2001998Private
MahTaab GroupTehran, Tehran, Iran51-2002002Private
Joint Stock Company (ZiO) Machine-Building Factory of PodolskRussia1001-50001919Private
CalpineHouston, Texas, United States (USA)1001-50001984Corporate
Foxtrot InternationalAbidjan, Abidjan, Cote d'Ivoire (Ivory Coast)51-2001994Private Equity
Roshd Sanat Co.Tehran, Tehran, Iran51-2001990Private
Termoeléctrica Manuel Belgrano S.A.Campana, Buenos Aires, Argentina51-2002005Private
Seven Energy InternationalLondon, England, United Kingdom (UK)201-5002004Corporate
PT PP EnergiEast Jakarta, Jakarta, Indonesia51-2002016Private
Dongfang Turbine Co., Ltd.Deyang, Sichuan, China11-501965Private
REPcoMashhad, Razavi Khorasan, Iran51-2002015Private
DB ThermalJohannesburg, Gauteng, South Africa1001-50001970Private
Mapna-md1Tehran, Tehran, Iran501-10001999Private
Energas TechnologiesBoksburg, Gauteng, South Africa11-502001Private
Ghods Niroo Engineering Company (GNEC)Tehran, Tehran, Iran501-10001973Private
HGE - Hidráulica, Gás e Energia, SALeiria, Leiria, Portugal51-2002009Private
INNIO GroupJenbach, Tyrol, Austria1001-50002018Private Equity
Proterm EnerjiAnkara, Ankara, Turkey201-5002002Private
Kallpa Generacion S.A.United States (USA)201-5002007Corporate


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