Doosan Enerbility lands 280 billion won turbine order

Industry

Published: 28 Jun. 2023, 17:04

Doosan Enerbility lands 280 billion won turbine order

Korea Midland Power CEO Kim Ho-bin, left, and Doosan Enerbility President Jung Yeon-in pose for a photo during a signing ceremony for a supply deal for a combined cycle plant project on Tuesday at the Lotte Hotel in central Seoul. [DOOSAN ENERBILITY]

Doosan Enerbility has secured a 280 billion won ($214.3 million) order for its 380-megawatt gas turbine from Korea Midland Power (Komipo), the engineering company said Wednesday.

Komipo, a state-run power supplier of the Korea Electric Power Corporation, plans to build a combined cycle plant in Boryeong, South Chungcheong, with a generation capacity of 569 megawatts.

A combined cycle power plant uses both a gas turbine and a steam turbine to produce power with better generation efficiency.

Doosan Enerbility will supply a gas turbine, a steam turbine and a heat recovery steam generator for the Boryeong combined cycle power plant, which will be completed by June 2026.

It will be the first project to deploy a domestically-developed standard model of a combined cycle gas turbine. As the global gas turbine market has been dominated by a handful of overseas manufacturers, local combined cycle plants so far have been supplied with gas turbines imported from overseas.

In 2019, Doosan became the fifth company in the world to develop a gas turbine for power generation with its 270-megawatt turbine, which has been deployed at a cogeneration plant in Gimpo.

As a gas turbine can also be retrofitted into a hydrogen turbine, Komipo plans to convert the Boryeong site into a hydrogen combined cycle plant in the future.

Doosan Enerbility is currently developing a hydrogen gas turbine that burns 50 percent hydrogen and 50 percent liquefied natural gas. The company also hopes to develop a large-scale 400-megawatt turbine that burns 100 percent hydrogen by 2027.

BY SHIN HA-NEE [shin.hanee@joongang.co.kr]