KEPCO selected as preferred bidder to build combined cycle power plants in Guam

[Courtesy of KEPCO]

SEOUL -- A consortium led by South Korea's state electricity company was selected as preferred bidder by Guam's power authority to build two integrated gasification combined cycle power plants, which are seen as eco-friendly facilities by turning carbon-based fossil fuels into pressurized gas.

Korea Electric Power Corporation (KEPCO) said in a statement on Wednesday that Guam Power Authority (GPA) favored the consortium involving KEPCO and its subsidiary, Korea East-West Power, in a project to build and operate two 200MW-class integrated gasification combined cycle power plants in Dededo, the most populated area in northern Guam.

The power plant will be a fuel-efficient electricity-generating facility which uses a high-pressure gasifier to turn carbon-based fuels such as coal into pressurized gas. The process would reduce the emission of greenhouse gas and other pollutants.

KEPCO said the build, operate and transfer (BOT) project will start in May next year for commercial operation in October 2022. Hyundai Engineering and Construction, a major South Korean builder, will participate in the project as the engineering, procurement and construction (EPC) partner along with other South Korean companies.

KEPCO will hand power plants over to GPA 25 years after it is constructed. It would be KEPCO's second power plant construction project in Guam following a 2017 contract to build a 60MW-class solar power plant in Mangilao in Guam's eastern coastal area.

Park Sae-jin swatchsjp@ajunews.com

KEPCO selected as preferred bidder to build combined cycle power plants in Guam

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