# POSCO to spend 350B won on byproduct gas power facilities

POSCO will invest 350 billion won ($302 million) to build new byproduct gas power generating facilities at its Pohang steel mill. The facilities will have 150 MW capacity and are expected to be completed by October 2021.

- Type: Investment
- Announced: 2019-04-25
- Where: Pohang, South Korea
- Value: $302.0M (350.0B KRW)
- Starts operating: Oct 2021
- Status: announced
- Capacity: 150 MW
- Products: byproduct gas power generating facilities
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [POSCO](https://endata.com/companies/8856.md)

## Sources

- [en.yna.co.kr](https://en.yna.co.kr/view/AEN20190425007400320), 2019-04-25: "POSCO, South Korea's largest steelmaker, said Thursday it will spend 350 billion won (US$302 million) to build new byproduct gas power generating facilities at its main steel mill."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.