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POSCO E&C to Build a US$550 Mil. Combined Cycle Power Plant in Malaysia
An EPC Contract
POSCO E&C to Build a US$550 Mil. Combined Cycle Power Plant in Malaysia
  • By Jung Min-hee
  • March 20, 2020, 12:20
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A bird’s-eye-view of the combined cycle power plant on Pulau Indah Island of Malaysia

POSCO Engineering & Construction announced on March 19 that it has recently won a US$550 million order for a combined cycle power plant from Malaysia.

The company signed a contract on March 13 to build a 1,200-megawatt gas-fired combined cycle power plant on Pulau Indah Island in Selangor, Malaysia.

This combined cycle power plant is jointly promoted by Tedmax, a Malaysian developer, World Wide, an investment company affiliated with the Selangor government, and Korea Electric Power Corp (KEPCO) of Korea.

The construction period is 36 months after ground breaking. POSCO E&C will build the plant on an engineering, purchase, and construction (EPC) basis.