Doosan Enerbility lands turbine supply deals valued at $318 mil.

Doosan Enerbility employees install rotor blades into a casing during the final assembly of a gas turbine. Courtesy of Doosan Enerbility

Doosan Enerbility announced Tuesday it has signed two consecutive long-term parts procurement contracts with Korea Southern Power (KOSPO) covering three gas turbines at the Goyang Changneung combined heat and power plant and the Hadong combined cycle power plant, with the deals totaling approximately 480 billion won ($318.6 million).

The contracts follow a gas turbine supply agreement the two companies signed in February and cover hot-section parts supply, component repair and refurbishment, consumable materials, and technical support services.

Both plants are targeting commercial operation in December 2029, and the service contracts will typically run for 10 or more years from that point, aligning with major maintenance cycles.

Doosan Enerbility said the agreements are significant because they secure a long-term service relationship alongside turbine supply, allowing the company to lock in scheduled maintenance planning from the earliest stage of plant operation.

The contracts are based on the company's Advanced Mass Reflow-Molded Underfill-based wafer-level packaging process, which has proven compatibility with customers' existing system in package environments.

The gas turbine service market is growing in importance as aging coal plants are converted to gas and demand for renewable energy backup power expands.

A Doosan Enerbility official said the agreements extend the company's relationship with the customer across the full lifecycle of the plants and that the company would continue to strengthen its domestic gas turbine service competitiveness.

This article was published with the assistance of generative AI and edited by The Korea Times.