DL E&C (KRX:375500) secured a 244.1 billion won construction contract for the Cogeneration Power Plant project in Asan, South Korea, according to a Thursday filing with the Korea Exchange.
The contract, signed with the Korea West Power consortium, covers the construction of a 500-megawatt cogeneration power plant.
The construction is scheduled to start on April 30, 2027, with completion expected on April 30, 2030, and payments will be billed and settled every 30 days.
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