Andong-si and Nambu Power Sign Memorandum of Understanding for LNG Combined Power Plant Construction

[Asia Economy Yeongnam Reporting Headquarters Reporter Dongguk Lee] On the 2nd, Andong City in Gyeongbuk and Korea Southern Power Co. signed a memorandum of understanding at Andong City Hall for the construction project of the 2nd unit of the LNG (Liquefied Natural Gas) combined power plant in the Gyeongbuk Bio 1st Industrial Complex.

The Andong Bitdream Headquarters of Korea Southern Power completed the 1st unit of the combined cycle power plant using LNG as fuel in March 2014, producing 417MW of electricity. According to the 9th Basic Plan for Electricity Supply and Demand, they are promoting the construction of the 2nd unit combined cycle power plant with a capacity of 550MW on the available site of the Andong combined cycle power plant.

Mayor Kwon Young-se of Andong said, “Through the construction project of Andong Bitdream Unit 2, we expect to contribute to the revitalization of the local economy by providing stable power supply, creating jobs for residents around the power plant, and increasing local tax revenue.”

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