DL E&C announced that it had won an order for construction contract for the modernization project of Bucheon Cogeneration Power Plant. The total construction cost is KRW 393 billion, and the construction period is 36 months for Unit 1 and 70 months for Unit 2 from the commencement date.
DL E&C continues to aggressively win orders in the plant sector this year. The Company’s target for winning orders in the plant sector, which was proposed at the beginning of the year, was KRW3.5 trillion, raising expectations for achieving the target.
The purpose of this project is to modernize an old power plant, which was ordered by GS Power, the operator of Bucheon Cogeneration Plant. Bucheon Cogeneration Plant entered into commercial operation in 1993 in line with the construction of Jungdong New Town in Bucheon. As Bucheon Cogeneration Plant reaches its design life of 30 years this year, a full-scale facility replacement project is underway. Once this construction is completed, the power generation capacity will be expanded from 450MW to 1,000MW. Furthermore, building facilities to reduce the emission of pollutants such as fine dust generated during the operation of power plant will enable Bucheon Cogeneration Plant to be reborn as an eco-friendly power plant.
DL E&C won the order for this project in recognition of its experience and knowhow in successfully carrying out various power generation projects in and out of the country. Especially, it has a track record of carrying out similar projects, including Songdo Cogeneration Plant in Incheon and Gwanggyo Cogeneration Plant in Gyeonggi-do.
Ryu Jae-Ho, director of DL E&C’s Plant Project Division, said, “We have participated in this project because our experience in constructing various power plants has been highly recognized by the Client. We will do our best to carry out this project successfully, and to transform Bucheon Cogeneration Plant into a high-efficient and eco-friendly plant.”
Source: DL E&C
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