Shin Pyeongtaek Combined Cycle Power Plant is a 942.9MW gas fired power project. It is located in Gyeonggi, South Korea. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently active. It has been developed in multiple phases. The project construction commenced in 2017 and subsequently entered into commercial operation in October 2019. Buy the profile here.
Smarter leaders trust GlobalData
Description
The project was developed by Shin Pyeongtaek Power. Korea Western Power, GS Energy and KB Asset Management are currently owning the project having ownership stake of 40%, 35% and 25% respectively.
It is a Combined Cycle Gas Turbine (CCGT) power plant.
Development status
The project construction commenced in 2017 and subsequently entered into commercial operation in October 2019.
Power purchase agreement
The power generated from the project is sold to Korea Power Exchange under a power purchase agreement.
Contractors involved
POSCO Engineering & Construction and Seohee Construction were selected to render engineering procurement construction services for the gas fired power project.
Shin Pyeongtaek Combined Cycle Power Plant (Shin Pyeongtaek Combined Cycle Power Plant Gas Turbine I) is equipped with Mitsubishi Power M501J - 60Hz gas turbine. The phase consists of 1 gas turbine with 319.2MW nameplate capacity.
Shin Pyeongtaek Combined Cycle Power Plant (Shin Pyeongtaek Combined Cycle Power Plant Gas Turbine II) is equipped with Mitsubishi Power M501J - 60Hz gas turbine. The phase consists of 1 gas turbine with 319.2MW nameplate capacity.
Shin Pyeongtaek Combined Cycle Power Plant (Shin Pyeongtaek Combined Cycle Power Plant Steam Turbine) is equipped with Mitsubishi Power steam turbine. The phase consists of 1 steam turbine with 304.5MW nameplate capacity.
Mitsubishi Power supplied electric generator for the project.
Mitsubishi Power supplied electric generator for the project.
Mitsubishi Power supplied electric generator for the project.
Doosan supplied steam boiler for the project.
Doosan supplied steam boiler for the project.
Doosan supplied steam boiler for the project.
KEPCO KPS Philippines, Korea Western Power and Mitsubishi Power were contracted to render operations & maintenance services for the project.
For more details on Shin Pyeongtaek Combined Cycle Power Plant, buy the profile here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
