Construction work on Gumi Natural Gas-Fired Power Plant 500 MW located in Gumi, Gyeongsangbuk-do, South Korea commenced in Q2 2023, after the project was announced in Q1 2021. According to GlobalData, who tracks and profiles more than 220,000 major construction projects from announcement to completion, the project is expected to be completed by Q4 2025. To learn more about the Gumi Natural Gas-Fired Power Plant 500 MW project, buy the profile here.
The project involves the construction of a 500MW Liquified Natural Gas (LNG) power plant at 26 Goegok-ri, Haepyeong-myeon, Gumi-si, Gyeongsangbuk-do, South Korea.
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The project includes the following:
1. Construction of substations
2. Construction of a powerhouse
3. Construction of gas storage tanks
4. Installation of transformers
5. Installation of generators
6. Laying of transmission lines
Construction on the project is expected to be completed by Q4 2025.
For more details on the Gumi Natural Gas-Fired Power Plant 500 MW project, buy the profile here.
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GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
