The Samcheok Blue Power Plant is 2,100MW coal fired power project. It is planned in Gangwon, 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 multiple phases. The project construction is likely to commence in 2018 and is expected to enter into commercial operation in October 2023. Buy the profile here.
Description
The project is being developed by Samcheok Blue Power. NongHyup Bank, POSCO Energy, Doosan Enerbility, POSCO Engineering & Construction and Others are currently owning the project having ownership stake of 53.53%, 29%, 9%, 5% and 3.47% respectively.
It is a Steam Turbine power plant. The power plant can run on dual-fuel. The primary fuel being used to power the plant will be bituminous coal. In case of shortage of bituminous coal the plant will run on Sub Bituminous Coal.
The project cost is expected to be around $4,300m.
Development status
The project construction is expected to commence from 2018. Subsequent to that it will enter into commercial operation by October 2023.
Contractors involved
Doosan Enerbility and POSCO Engineering & Construction are expected to render engineering procurement construction services for the coal fired power project.
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About Samcheok Blue Power
Samcheok Blue Power Co Ltd (Samcheok Blue) builds and operates coal fired thermal power plant. Samcheok Blue is headquartered in Samcheog,South Korea.