POSCO E&C moves towards completion of Chilean power plant project

Thursday, 30 December 2010 12:42:53 (GMT+3)   |  

South Korean steel giant POSCO has announced that its subsidiary POSCO E&C has successfully completed first phase synchronization of the Angamos coal-fired plant project under construction in Chile.

According to a company release, the 520 MW Angamos project, POSCO E&C's second overseas engineering/procurement/construction project, consists of two plants each with a capacity of 260 MW. Synchronization of the first plant involved the process of delivering and connecting initially produced electricity to the existing power system via transmission lines.

The Angamos coal-fired project, which was devised to provide electricity to Australian mining giant BHP Billiton's coal mining area in northern Chile, was ordered by US-based power company AES Group.

The first plant will undergo generation capacity expansion testing for safety and reliability as well as performance assurance testing prior to launching commercial operations in April 2011. The second will go through the same process before commercial operation begins in October 2011. The project started in 2008.

In addition to the Ventanas and Angamos plants, POSCO E&C is scheduled to construct the Santa Maria power plant in Chile. POSCO E&C also has two coal-fired power plant projects under construction in Peru's Callpa and Chilca Uno.


Similar articles

US flat steel pricing continues mostly up as supply remains tight amid growing demand

21 Nov | Flats and Slab

US import long steel pricing mostly stable; further domestic increases to spur imports

21 Nov | Longs and Billet

US domestic rebar and wire rod prices flat following past tight supply rise

21 Nov | Longs and Billet

Global View on Scrap: Stability in Turkey amid supply-demand balance, Asia also stable

21 Nov | Scrap & Raw Materials

Brazilian BPI exporters target $400/mt FOB for January, no success so far

21 Nov | Scrap & Raw Materials

Turkey’s domestic scrap purchase prices rise further amid lively demand

21 Nov | Scrap & Raw Materials

Import scrap offers for Vietnam trend sideways, demand remains low

21 Nov | Scrap & Raw Materials

Turkish ship scrap market consolidates at $358/mt

21 Nov | Scrap & Raw Materials

DRI/HBI in high demand in Mediterranean, supply remains limited

21 Nov | Scrap & Raw Materials

Taiwan’s import scrap prices remain firm, buyers show little interest

21 Nov | Scrap & Raw Materials