April 19, 2024
Industrials
KEPCO signs US$2b deal in Vietnam
[THE INVESTOR] The state-run Korea Power Electric Corp. said on Nov. 9 it has struck a 2.6 trillion won (US$2.3 billion) deal to build a coal-fired power plant in Vietnam.
The Korean power provider led a consortium with Japan’s Marubeni to win the 1,200-megawatt power plant deal in the Nghi Son 2 economic zone in the central province of Thanh Hoa.
KEPCO said it will break the ground within this year and complete construction by the end of 2021.
By Alex Lee and newswires (alexlee@heraldcorp.com)
