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Doosan Heavy Industries Wins 2.8 Trillion Won Thermal Plant Order in India
Thermal Plant in India
Doosan Heavy Industries Wins 2.8 Trillion Won Thermal Plant Order in India
  • By Jung Min-hee
  • December 27, 2016, 04:30
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Kim Heon-tak, CEO of Doosan Heavy Industries & Construction’s EPC BG (fourth from left and Akhilesh Yadav, chief minister of Uttar Pradesh, shake hands at a ceremony held in Uttar Pradesh, India on Dec. 23 (local time).
Kim Heon-tak, CEO of Doosan Heavy Industries & Construction’s EPC BG (fourth from left and Akhilesh Yadav, chief minister of Uttar Pradesh, shake hands at a ceremony held in Uttar Pradesh, India on Dec. 23 (local time).

 

Doosan Heavy Industries & Construction announced on December 26 that Doosan Power Systems India (DPSI), an Indian branch of the company, received a notice of award (NOA) from India’s state government of Uttar Pradesh to construct two coal-fired power plants worth 2.8 trillion won (US$2.33 billion).

DPSI will construct the Obra-C coal-fired power plants with two 660-megawatt reactors and Jawaharpur coal-fired power plants, also with two 660-megawatt reactors, in a northern state of Uttar Pradesh.

Under an engineering, procurement, and construction (EPC) contract, the company plans to complete building the Obra-C plant by October 2020 and Jawaharpur plant by February 2021.

With the latest deal, Doosan Heavy Industries’ total value of the new orders secured this year totals to roughly 9 trillion won (US$7.49 billion). It bagged orders worth over 5 trillion won (US$4.16 billion) in the fourth quarter alone, including a 1 trillion won (US$832.29 million) order to build the Fadhili combined heat and power plant in Saudi Arabia and a 950 billion won (US$790.68 million) order to build the Subic coal-fired thermal power plant in the Philippines in October this year.

Doosan Heavy Industries has focused on localization after establishing a local corporation, DPSI, in 2011 by acquiring a local company, AE & E Chennai Works.