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S.korea's Hyundai Corp Wins Power Plant Order From Colombia
Jan 19, 2012
Hyundai Corp., a South Korean
trading firm, said Thursday that it has won a US$300 million
deal to build a thermal power plant in Colombia.
Under the deal with Termotasajero S.A. of Colombia, Hyundai
and its sister firm Hyundai Engineering Co. plan to construct a
coal-powered plant with a 160-megawatt capacity in the central
region of the South American country.
The project is scheduled for completion 36 months after
construction begins, Hyundai Corp. said.
Termotasajero has been operating a 163-megawatt power plant
in northern Colombia since 1984.
Hyundai Corp. said it expects the latest deal to help it
make inroads into Latin America's power plant market.