Hanwha Ocean reportedly disclosed on August 3 that it has signed an EPC (Engineering, Procurement and Construction) contract worth KRW 527.9 billion for a 490 MW LNG (Liquefied Natural Gas) district energy project being developed by its affiliate, Yeosu Eco Energy.
The project involves expanding the existing 250 MW Yeosu cogeneration plant to 490 MW, located in the Sandan Jungang-ro area of Yeosu, South Jeolla Province. Hanwha Ocean will handle the full EPC scope, covering design, procurement, and construction. The client, Yeosu Eco Energy, is a Hanwha Energy affiliate that has been pursuing an LNG district energy project within the Yeosu Industrial Complex. The original report does not specify the gas turbine model or underlying technology licensor, so detailed technical information is undisclosed.