The Naepo District Heating Power Plant is 555MW gas fired power project. It is planned in South Chungcheong, South Korea. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in a single phase. The project construction is likely to commence in 2020 and is expected to enter into commercial operation in June 2023. Buy the profile here.

Description

The project is being developed by Naepo Green Energy. The project is co-owned by Korea Southern Power and LOTTE Engineering & Construction, with their respective ownership stake of 41.67% each.

It is a CCGT with Cogen power plant. The fuel will be procured from Korea Gas Corporation.

The project cost is expected to be around $402.153m.

Development status

The project construction is expected to commence from 2020. Subsequent to that it will enter into commercial operation by June 2023.

Contractors involved

LOTTE Engineering & Construction is expected to render engineering procurement construction services for the gas fired power project.

GE Power will be the turbine supplier for the Gas fired project. The company is expected to provide 1 unit of 7HA.02 gas turbine.

GE Power will be the turbine supplier for the Gas fired project. The company is expected to provide 1 unit of STF-D650 steam turbine.

GE Power is expected to be the supplier of H35 electric generator for the project.

GE Power is expected to be the supplier of H35 electric generator for the project.

GE Power is expected to be the supplier of H65 electric generator for the project.

GE Power is expected to be the supplier of H65 electric generator for the project.

GE Power is likely to be the supplier of steam boiler for the project.

GE Power is likely to be the supplier of steam boiler for the project.

GE Power is expected to perform operations and maintenance for thermal power project for a period of 19 years.

For more details on Naepo District Heating Power Plant, buy the profile here.

About Naepo Green Energy

Naepo Green Energy Co Ltd (NGECL) is a power operator of natural gas, coal, and oil-fired electric generating units. The company is located in South Korea.

GlobalData

GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.