Daelim wins major coal power plant deal in Philippines

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Daelim wins major coal power plant deal in Philippines

Korean builder Daelim Industrial said yesterday that it has won a $155 million order to build a coal power plant in the Philippines.

Under the contract with San Ramon Power on Thursday, Daelim Industrial will complete the project 35 months after work begins, the local builder said in a regulatory filing.

The plant to be built in Mindanao, Philippines’ second-largest and easternmost island, will be able to generate 100 megawatts of electricity, Daelim Industrial said.

Yonhap

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