# Kwangmyung Electric signs $4.3M supply contract with Lotte Engineering & Construction

Kwangmyung Electric has signed a contract with Lotte Engineering & Construction to supply main equipment for eco-friendly energy improvement projects in Daegu and Cheongju. The contract is worth KRW 5.6078 billion (approx. US$4.3 million) and runs from August 31, 2022 to September 2, 2024.

- Type: Contract
- Announced: 2022-08-25
- Where: Daegu, Cheongju, South Korea
- Value: $4.30M (5.61B KRW)
- Status: announced
- Products: main equipment for eco-friendly energy improvement
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Kwangmyung Electric](https://endata.com/companies/28049.md)
- [Lotte Engineering & Construction](https://endata.com/companies/9102.md) (customer)

## Sources

- [biz.heraldcorp.com](https://biz.heraldcorp.com/article/2943540), 2022-08-25: "광명전기는 롯데건설과 대구,청주 친환경에너지 개선사업 주기기 구매 계약을 체결했다고 25일 공시했다."

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