POSCO Energy

Company description

POSCO Energy is the energy specialist company of the POSCO Family, and is a global total energy provider with core business sectors in the power, renewable energy and fuel cell industries. Today, POSCO Energy has achieved growth as Korea’s first and largest private power operator with 3,300 MW power generation facilities, since initiating commercial operations in 1972. The company is diversifying its energy project portfolios and actively carrying out overseas market expansions to achieve growth and target goals of ‘Vision 2020 and Sales of 12 trillion won’ and to become the World’s Best Green Energy Company.

Based on over 40 years of experience in the power industry, they are actively promoting renewable energy projects which include off-gas power, solar power, wind energy, resource recycling as well as focusing on overseas power plant construction and operation projects in high growth potential markets such as Indonesia, Vietnam, and the USA.

Company details

City:
Seoul
Address:
12F/20F/21F, Posteel Tower, 735-3, Yeoksam-dong, Gangnam-gu
Phone:

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • January 29, 2021

    AES divests 51% stake in 1.2 GW Mong Duong 2 coal-fired power plant project in Quang Ninh

    The AES Corporation has signed an agreement to sell its entire equity interest in the 1,242 MW Mong Duong 2 coal-fired power plant in Vietnam to a consortium led by a US-based investor. This transacti...

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  • March 18, 2020

    Uzbekistan receives 45 interests in 1,300 MW CCGT gas-fired power plant project in Syrdarya

    The Government of Uzbekistan in partnership with the International Finance Corporation has received the expression of interest from 45 companies for the development of a gas-fired power plant in...

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  • May 30, 2017

    LOC wins MWS contract for 60-MW offshore project in South Korea

    International marine and engineering consultancy LOC Group has been retained by Korea Offshore Wind Power (KOWP) and Swiss Re to carry out marine warranty surveying (MWS) services on the 60 MW test ph...

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  • May 19, 2017

    Posco Energy to invest in 1,200MW thermal power plant in Vietnam

    POSCO Energy Co. has signed a memorandum of understanding (MOU) agreement on with Nghe An provincial government to develop the Quynh Lap II thermal power plant project in Vietnam.

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  • August 10, 2016

    POSCO Daewoo secures power plant deal in Myanmar

    Myanmar’s Electric Power Generation Enterprise has awarded to South-Korean Posco Daewoo the contract for developing a natural gas-fired power plant in Myanmar.

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  • February 25, 2016

    POSCO to construct 380MW Colon combined cycle power plant and LNG terminal in Panama

    POSCO E&C has recently executed a US$ 650 million engineering, procurement and construction (EPC) contract for a combined cycle power plant and Liquefied Natural Gas (LNG) terminal project in Colon, P...

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  • December 02, 2015

    POSCO and Marubeni win power project in Botswana

    A consortium formed by South Korea's POSCO Energy and Japan's Marubeni Corporation has been appointed as preferred bidder to construct and operate two plants in a Botswana power project.

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  • August 07, 2015

    Mongolia signs PPA for $1.5bn CHP plant with Engie-led consortium

    The Mongolian Government has signed a Power Purchase Agreement (PPA) for the power generated by the 450 MW electricity, 587 MW heat CHP 5 project owned by an Engie-led consortium.

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  • June 24, 2014

    GDF consortium signs Concession Agreement for 415MW power plant in Mongolia

    GDF SUEZ has announced that the consortium comprising GDF SUEZ (30%), Sojitz Corp (30%), POSCO ENERGY (30%) and Newcom LLC (10%) has signed a Concession Agreement for the combined heat and power CHP 5...

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