Industry

Kepco wins $60m order for Dominican Republic system

Korea Electric Power Corporation (Kepco) has won a $60 million order from the Dominican Republic for the construction of a power distribution system, the company said on Thursday. This is the largest overseas power distribution project Kepco has been awarded. Kepco will implant some 14,000 electric poles that connect electric cords as long as 870 kilometers and replace some old power distribution facilities in the country. Kepco won the bid in competition against some 13 power companies from countries including Spain and Brazil. The company will officially sign the contract soon and aims to complete construction by 2017. This is not the first time Kepco has worked on the Dominican power system, in 2011 the company won a deal worth $51 million. Kepco has also been working on power distribution systems in Kazakhstan, India, Nigeria, Cambodia and Pakistan.