Hyundai Engineering nails down big Uzbekistan contract

Home > Business > Economy

print dictionary print

Hyundai Engineering nails down big Uzbekistan contract

Hyundai Engineering & Construction said yesterday it has won a $819 million contract to build power plants in Uzbekistan along with its consortium partner Daewoo International.

According to nation’s largest builder, the consortium signed a contract with state-owned power company Uzbekenergo to build two 450-megawatt combined cycle power plants in Talimarjan.

The turnkey project, which will be managed by the consortium from design to construction, will be financed by the Asian Development Bank, the Japanese International Cooperation Agency and the Uzbek government. It is expected to take more than three years to complete.
Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now