S&TC Signs HRSG Supply Contract Worth 37.1 Billion KRW
[Asia Economy Reporter Minji Lee] S&TC announced on the 13th that it has signed a supply contract for Heat Recovery Steam Generators (HRSG) with Siemens Heat Transfer Technology B.V. (Siemens HTT), a subsidiary of Siemens, the largest power plant equipment company in Europe.
The contract amount is 37,171,360,000 KRW, which corresponds to 26% of the recent sales revenue. The contract period is until September 30 of next year.
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The company explained, "Although we announced the termination of the sales supply contract on November 20 last year due to circumstances of the contracting party, we have now finalized the supply contract through negotiations with the other party."
This content was produced with the assistance of AI translation services.
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