Business Services Industry
CHINA: Joint venture construction contract award for planned 1,200 Mw coal-fired power plant, KOREA ELECTRIC POWER CORP. (KEPCO) [South Korea] & CHINA DATANG CORP. [China] - Order #: 052205.
WWP-Business Opportunities in Asia & the Pacific, May, 2005
PROJECT OVERVIEW:
A Sino/South Korean joint venture was recently awarded a contract to build a new coal-fired power plant in the country. The partners in the planned undertaking and their respective shareholdings include KOREA ELECTRIC POWER CORP. (KEPCO) of South Korea (59%) in conjunction with the local CHINA DATANG CORP. (31%) and Henan's Jiaozuo government.
Construction plans under consideration call for building a power station with a total installed generating capacity of 1,200 Mw. In so doing the complex, to be sited in Henan province, will be configured with 2-600 Mw generators.
No financial or construction details have however yet been revealed.
KEPCO employs a total staff of about 17,100. The company is engaged in the...
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