Tongyeong Eco Power Corporation, a subsidiary of Hyundai Development Company, is building a 1,012MW gas-fired combined-cycle power plant in Tongyeong, South Korea, with an estimated investment of $1.21 billion. Construction is expected to start in 2021 and completion in the first half of 2024.
GE was awarded a contract in mid-January 2021 to supply power generation equipment for the 1GW Tongyeong combined cycle power plant in South Korea, including two 7HA.02 gas turbines, HRSGs, a steam turbine, and generators. GE also signed an 18-year services agreement.
GE secured an order to supply power generation equipment for the Tongyeong combined cycle power plant in South Korea, including two 7HA.02 gas turbines, one STF-D600 steam turbine, two HRSGs, and three H65 generators. GE also signed an 18-year services agreement. Construction is set to begin in 2021 with commercial operations expected in 2024.
| Site | Largest | Latest |
|---|---|---|
| Tongyeong City, South Korea | $1.21B | 2021-04-15 |