Doosan Fuel Cell Signs Long-Term Maintenance Contract for Fuel Cell Systems Worth 30 Billion KRW

[Asia Economy Reporter Oh Ju-yeon] Doosan Fuel Cell announced on the 30th that it has signed a long-term service agreement (LTSA) worth 30 billion KRW for fuel cell systems with a domestic company. The exact contract amount and the contracting party have been withheld from disclosure due to business confidentiality reasons. The embargo period lasts until December 30 of next year.

The company stated, "The above contract is for a 10-year long-term service agreement (LTSA, Long Term Service Agreement) for an approximately 10MW-class fuel cell power plant for which we supply the main equipment, with a contract amount in the 30 billion KRW range," adding, "'Contract amount' and 'contracting party' will be disclosed after the embargo period ends."

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