South Korean consortium to build 750MW Angolan gas project

KOSPO and Hyundai Engineering are two of the consortium's members.

A South Korean consortium has been selected by Angola's government to build a 750 MW gas-fired combined cycle power plant (CCGT) in Benguela province (Angola). The facility will be built on the basis of the Build, Operate and Transfer (BOT) system. The consortium will agree to build, finance the construction, operate and maintain the power plant for a certain time before transferring the infrastructure asset to the government.

The consortium includes the domestic engineering company Beltec Engenharia e Serviços along with four South Korean companies, namely: Korea Southern Power (KOSPO), Hyundai Engineering (HEC), Busan Korea Biotechnology (BKB) and BHI. Angola accepted the BOT system in 2017 under the framework of a review on the public-private legislation.

This article was originally published by Enerdata.