Gwangyang (Kwangyang) LNG Power Plant is a 1,074MW gas fired power project. It is located in South Jeolla, South Korea. The project is currently active. It has been developed in single phase. The project construction commenced in 2004 and subsequently entered into commercial operation in February 2006.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer |
|---|---|---|---|---|---|---|
| Thermal | 1,074 | 1,074 | – | Active | South Jeolla, South Korea |
Description
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The project is currently owned by SK E&S with a stake of 100%.
It is a Combined Cycle Gas Turbine (CCGT) power plant. The fuel is procured from BP Berau Ltd. (Tangguh LNG Field).
The project generated 5,484,000MWh of electricity. The project cost is $805.479m.
Development Status
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By GlobalDataThe project construction commenced in 2004 and subsequently entered into commercial operation in February 2006.
Contractors Involved
SK Engineering & Construction was selected to render EPC services for the gas fired power project.
GE Power was selected as the turbine supplier for the Gas fired project. The company provided 2 steam turbines, each with 197MW nameplate capacity.
GE Power was selected as the turbine supplier for the Gas fired project. The company provided 4 units of 7F.04 gas turbines, each with 170MW nameplate capacity.
GE Power supplied electric generator for the project.
GE Power supplied steam boiler for the project.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
