SEOUL, Feb. 28 (Korea Bizwire) — A state-run utility firm said Wednesday it will use drones to more efficiently manage coal yards and improve safety for workers as it steps up investment to adopt more unmanned systems in other power plants. The Korea South-East Power Co. demonstrated a drone flight at its coal power plant [...]
BUSAN, Aug. 28 (Korea Bizwire) — On August 27, Busan Green Energy, a special purpose company formed by the Busan Metropolitan City government, the Korea Hydro and Nuclear Power Company, Busan City Gas and Samsung C&T Corporation, announced that it will hold an opening ceremony to commemorate a fuel cell power plant that was completed [...]
SEOUL, Aug. 21 (Korea Bizwire) – POSCO Engineering & Construction Co. said Sunday it has won a 950 billion-won (US$832 million) deal to construct a coal-fired power plant in Bangladesh. Under the contract signed with Japanese trading firm Sumitomo Corp., the construction arm of steelmaker POSCO will build a 1,200 megawatt plant and related facilities [...]
SEOUL, Aug. 18 (Korea Bizwire) – Remarks made by President Moon that the nation will only be nuclear power free in “at least 60 years” at a presidential press conference yesterday has garnered comparisons between South Korea’s nuclear power deactivation policy and other nations. Held to mark his 100th day in office, President Moon expressed [...]
SEOUL, May 29 (Korea Bizwire) — A South Korean consortium has held a ceremony to mark the completion of a gas-fired combined cycle plant in Antofagasta, Chile, that will supply electricity to BHP Billiton Ltd.’s copper mine. Samsung Engineering Co., a construction unit of Samsung Group, celebrated the opening of the 517 megawatt plant Friday [...]
SEOUL, May 16 (Korea Bizwire) – President Moon Jae-in ordered a temporary shutdown of aged coal power plants Monday in an unprecedented move to fight air pollution. Under the order, eight coal fired thermal power plants that are aged 30 years or older will be closed for 30 days starting June 1, according to the [...]
SEOUL, March 14 (Korea Bizwire) – Doosan Heavy Industries & Construction Co., South Korea’s top power equipment maker, said Tuesday that it has bagged a 300 billion-won (US$262 million) deal to upgrade an existing power plant in Indonesia. Under the deal with the state-run Indonesian PLN, Doosan Heavy and a state-run Indonesian construction firm will [...]
SEOUL, Dec. 26 (Korea Bizwire) – Doosan Heavy Industries & Construction Co., South Korea’s top power equipment maker, said Monday that it has won an order, potentially worth over 2.7 trillion won (US$2.25 billion), to build two thermal power plants in India. The company has yet to officially sign the deal but said it has [...]
SEJONG, Sept. 23 (Korea Bizwire) – South Korea will map out a comprehensive plan to strengthen the safety measures of the country’s energy facilities by the end of this year following last week’s strongest earthquake that jolted the nation, the ministry here said Friday. An advisory committee comprised of experts from various fields, including geology [...]
SEOUL, Sept. 13 (Korea Bizwire) – A number of South Korean businesses were forced to halt their production and assembly lines for safety inspections Tuesday, one day after a powerful quake rocked the country. Nearly a dozen major industrial facilities, including a power plant, had their operations halted after a 5.8-magnitude earthquake jolted the nation, [...]