Pungdo Offshore Wind Power is a 200MW offshore wind power project. It is planned in Yellow Sea, Incheon, South Korea. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2027. Buy the profile here.
The project is being developed and currently owned by Korea Western Power, Seohae Green Power and Wooram Construction. The owners have 33.33% stake in the project respectively.
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2027.
For more details on Pungdo Offshore Wind Power, buy the profile here.
About Korea Western Power
Korea Western Power Co., Ltd. (KOWEPO), a subsidiary of Korea Electric Power Corporation (KEPCO), develops electricity resources, and generates and supplies electricity. The company’s power generation portfolio includes Taen, Pyeongtaek, Seoincheon, and Gunsan power complexes consisting of thermal, hydro, solar and combined cycle power plants; and solar power plants at Samrangjin, Sejong City and Gyeonggi. KOWEPO is headquartered in Seoul, Korea.
About Wooram Construction
Wooram Construction Co Ltd (Wooram Construction) is the heavy and civil engineering construction company. The company is headquartered in South Korea.