April 24, 2024
Market Now
Doosan Heavy cinches W1.5tr deal in South Africa
[DISCLOSURE] Doosan Heavy Industries and Construction (034020) announced on Nov. 21 that it has signed a provisional contract worth 1.5 trillion won (US$1.36 billion) with Marubeni and KEPCO consortium for a coal-fired power plant in South Africa.
This amounts to 8.28 percent of its 2016 revenue and the contract is valid for 52 months.
By Hwang You-mee (glamazon@heraldcorp.com)
This amounts to 8.28 percent of its 2016 revenue and the contract is valid for 52 months.
By Hwang You-mee (glamazon@heraldcorp.com)
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