Hyundai Engineering has won a US$534 million power plant project in Guam.
Hyundai Engineering will build a 200 MW combined-cycle power plant near Dededo, 5 km northwest of Antonio B. Won Pat International Airport in Guam. The project is promoted by the Guam Power Authority (GPA) in the United States. In June, a consortium formed by Korea Electric Power Corp. (KEPCO) and Korea East-West Power was selected as a preferred bidder and Hyundai Engineering participated as an engineering, procurement and construction (EPC) turnkey operator.
Guam has many diesel power plants which were built in the 1970s and 1990s and have neared expiration. So it needs new power plants that can replace them.
Hyundai Engineering expects that the large-capacity power plant it will build can replace old power plants and provide electricity stably and economically.