Philippine company taps Hyundai Engineering

Home > Business > Industry

print dictionary print

Philippine company taps Hyundai Engineering

MANILA - Aboitiz Power, one of the Philippines’ biggest power producers, said yesterday it has tapped Korea’s Hyundai Engineering to design a $937 million power plant it is building in Cebu province.

Aboitiz Power said its wholly owned Therma Visayas unit had signed a contract for engineering procurement and construction with Hyundai Engineering and unlisted local firm Galing Power Energy.

The contract is for a 300 megawatt baseload power plant costing 41 billion pesos ($937 million) targeted to go online by the third quarter of 2017 in the central province of Cebu.
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)