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ANNOUNCEMENTSAll New facility Expansion Investment Acquisition Contract Closure

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Doosan wins 360 billion won contracts for Gimpo CHP Plant · Endata

◂ Announcements

Jun 22, 2020CONTRACTGimpo, Gyeonggi Province, South Korea

Doosan wins 360 billion won contracts for Gimpo CHP Plant

Doosan signed contracts with Korea Western Power Co. valued at about 360 billion won for the power block installation and plant construction work at the Gimpo CHP Plant, a 500 MW LNG-based combined heat and power plant in Gyeonggi Province, South Korea.

Value

$300.0M (360.0B KRW)

Status

Announced

Capacity

500 MW

Productsgas turbinesteam turbinegeneratorheat recovery steam generatorcombined heat and power plant

CompaniesDoosan Korea Western Power customer

Sectors#Power Generation Equipment

“According to the recently released 9th Basic Plan for Electricity Supply & Demand, it is forecast that Korea's natural gas market will grow explosively from the current market size of 41.3GW in 2020 to 60.6GW by 2034”gasturbineworld.com

2 sources
gasturbineworld.comDoosan wins contracts for Gimpo CHP Plant - Gas Turbine WorldJ Andrew BesnerJun 30, 2020
stainless-steel-world.netDoosan secures 360bn won contracts for Gimpo CHP plant - Stainless Steel WorldStainless Steel World PublisherJul 1, 2020

Summarized from public sources; check the original articles before acting on it.

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