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January 7, 2022

Yangju Okjeong Cogeneration Plant, South Korea

By Carmen

Yangju Okjeong Cogeneration Plant is a 555.1MW gas fired power project. It is located in Gyeonggi, South Korea. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in April 2014.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Thermal 555.1 555.1 Active Gyeonggi, South Korea

Description

The project is currently owned by Daeryun Power.

It is a CCGT with Cogen power plant.

The project cost is $689.47m.

Development Status

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The project got commissioned in April 2014.

Power Purchase Agreement

The power generated from the project is sold to Korea Power Exchange under a power purchase agreement.

Contractors Involved

POSCO Energy was selected to render EPC services for the gas fired power project.

Doosan Heavy Industries & Construction was selected as the turbine supplier for the Gas fired project. The company provided 1 gas turbine with 178.6MW nameplate capacity.

Doosan Heavy Industries & Construction was selected as the turbine supplier for the Gas fired project. The company provided 1 steam turbine with 197.9MW nameplate capacity.

Doosan Heavy Industries & Construction was selected as the turbine supplier for the Gas fired project. The company provided 1 unit of M501GAC gas turbine with 178.6MW nameplate capacity.

Doosan Heavy Industries & Construction supplied electric generator for the project.

Doosan Heavy Industries & Construction supplied steam boiler for the project.

Doosan Heavy Industries & Construction is the O&M contractor for thermal power project.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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