ABB announces combined-cycle plant orders
ABB has announced two combined-cycle plant contracts, one for a 2,000-MW facility in Korea and one for a 125-MW facility in Thailand. The Korean order, valued at (US)$400 million, came from Korea Electric Power Corp. (KEPCO).
The plant will be one of the largest and most efficient plants in Korea and will be sited in Poryong, 180 km southwest of Seoul. The project, financed by KEPCO, will supply electricity to the utility`s rapidly growing base of industrial and residential customers. ABB will supply eight gas turbines and the associated heat-recovery steam generators, four steam turbines, 12 electricity generators, plus controls and auxiliary equipment. Construction began in April, and first electricity is expected in summer 1997. The Thailand order was placed by Industrial Power Co., Bangkok, an independent power producer. The plant will be sited in 160 km southeast of Bangkok, with electricity to be sold to EGAT (the state Electricity Authority of Thailand ) and also directly to industrial customers. Construction began in February, and first electricity is expected within 20 months.