SEOUL-- Doosan Heavy Industries and Construction Co., South Korea's top power equipment maker, said Tuesday that a consortium that includes Doosan Heavy has signed a temporary deal to build a power plant in South Africa.
In a regulatory filing, Doosan Heavy said the deal worth 1.15 trillion won (US$1.05 billion) will be officially signed in May next year.
The consortium, which also includes the state-run Korea Electric Power Corp. (KEPCO), will build the coal-powered power plant.
Doosan Heavy will provide gas turbines and boilers for the project, it added.
Source: Yonhap News Agency