Doosan Heavy has clinched a 2.8 trillion won ($2.3
billion) deal to build coal-fired power plants in India.
According to the company, Monday, Doosan Power Systems India (DPSI), Korea's
top core facility builder's local unit in India, received a Notice of Award
(NOA) from the Indian State Government of Uttar Pradesh to build two
thermoelectric power plants there.
"Doosan Heavy has put its utmost efforts into making inroads into India's
power market. The two power plants will help satisfy the region's electricity
demands," Doosan Heavy's Engineering, Procurement and Construction
division chief Kim Heon-tak said.
"The deal will mark a foothold for our future operation in India. The
country is expected to consume a total of 18 gigawatts of electricity a year by
2020."
Under the deal, Doosan Heavy is expected to build two 660 megawatt power
generators at the Obra-C coal-fired electrical power plant in Sonebhadra and
another two 660 megawatt generators at the Jawaharpur coal-fired electrical
power plant in Etah.
The company said it will carry out a full-turnkey solution in building power
generators at both sites where it will provide a package solution, engineering,
procurement and construction, in the operation.
The Obra-C operation is expected to be completed by October 2020 and the
Jawaharpur site by February 2021.
The State of Uttar Pradesh is the largest state in India with a population of
nearly 200 million. It is also believed to be the center of India's culture and
politics what with the famous Taj Mahal mausoleum being there.
Indian core facility builders, including BHEL and L&T, also participated in
the bid, but the multi-trillion won bid was awarded to Doosan Heavy.
Separate from the deal, the company won a power plant construction contract
worth 1 trillion won in Saudi Arabia through a consortium with French-based
energy company Engie in October.
Earlier this month, it also clinched a 160 billion won order to build power
equipment in Egypt. Under the deal, it will provide 650 megawatt gas turbines
and power generators as well as their related parts for two power plants in
Egypt.
http://koreatimes.co.kr/www/news/biz/2016/12/602_220885.html |
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