Tag: South Korea

GE to finish 1.5 GW transmission project for KEPCO

South Korea: GE’s Grid Solutions business has been awarded by KAPES a contract in excess of $100 M to complete Korea Electric Power Corp.’s second and final phase of the Buk Dangjin-Godeok high-voltage direct current transmission link.

US levies 60.81% anti-dumping duties on S. Korean power transformers

South Korean power transformer manufacturer Hyundai Electric and Energy Systems has been informed by the U.S. Commerce Department of a decision to impose an anti-dumping duty of 60.81 % on its large power transformers shipped to the U.S. between August of 2015 and July of 2016, reports KBS World.

GE wins $320M HVDC contract in South Korea

Korea, Seoul: GE Power has been awarded a $320 million contract through its joint venture, KAPES, by Korea Electric Power Corporation (KEPCO) to provide equipment and deliver a 4 GW HVDC transmission link from the power complex located East of South Korea, to Seoul’s metropolitan area.

LSIS wins $9.1M deal to build a substation in Ecuador

Ecuador, Quito: LS Industrial Systems Co. (LSIS), a South Korean electric power systems provider, has won a $9.1 million order to build a 230 kV substation, with power transformers and associated electrical equipment, in Portoviejo, a western costal city in Ecuador.

Korean company signs MoU with Egypt on $200M project

South Korea: South Korea’s trading firm Daewoo International Corp. signed a memorandum of understanding with the Egyptian government on electric power transmission and distribution procurement for $200 million.

China Steel to file first local anti-dumping lawsuit

China, Beijing: China Steel Corp, the nation’s largest steelmaker announced that it was preparing to lodge anti-dumping lawsuits against Chinese and South Korean peers to protect its interests.

LSIS wins $147M electrical infrastructure deal in Iraq

South Korea, Seoul: LS Industrial Systems (LSIS), a Korean electrical equipment producer, has won a $147 million contract as part of the Bismayah New City Project (BNCP) to build electricity infrastructure in Iraq. This is the largest-ever overseas deal worth US (161.2 billion won) for the company.

Hyosung to tap into Indian market with 765 kV UHV transformers

South Korea, Seoul: Hyosung Corporation, a Korea-based industrial conglomerate and transformer manufacturer will participate in the Grid Tech 2015 exhibition in its efforts to attract new clients in the Indian and the wider Asian market.