# CGN Daesan Power hires Hanwha Corp for LNG power plant construction in Korea

CGN Daesan Power, a subsidiary of CGN New Energy, signed a construction contract with Hanwha Corporation for a 512 MW combined-cycle LNG power plant in South Korea. The contract is valued at approximately 242.6 billion KRW (about USD 180 million).

- Type: Contract
- Announced: 2023-09-18
- Where: South Korea, South Korea
- Value: $180.0M (242.6B KRW)
- Status: announced
- Capacity: 512 MW
- Products: combined-cycle LNG power plant
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [CGN New Energy Holding](https://endata.com/companies/13496.md)
- [CGN Daesan Power](https://endata.com/companies/72653.md)
- [Hanwha](https://endata.com/companies/8471.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/996137.html), 2023-09-18: "CGN Daesan Power根据建筑合约应付的合约价格约为2426亿韩元(相当于约1.8亿美元)(可予调整)。"

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