Financial News

GE to Help South Korean Company Switch from Coal to Gas

Earlier this week, GE Vernova announced that it would provide a H65 generator and a 7HA.02 gas turbine to Korea Western Power Co’s Gongju-si power station in the province of Chungcheongnam-do.  Korea Western Power Co (KOWEPO) operates as a subsidiary of Korea Electric Power Corp. KOWEPO is spearheading a 500MW project as it transitions to using natural gas by 2027. At the moment, however, the station is powered using coal.

GE Vernova is part of a group developing the project, together with Daewoo E&C, an engineering, construction and procurement company based in…

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