Hyundai E&C is an energy powerhouse that has successfully completed various projects such as combined cycle power plants (CCPP), thermal power plants, as well as power transmission and substations as fundamental elements of energy networks, and industrial electricity projects. In addition, we are establishing plans to enter and promote new and renewable energy businesses such as solar power, wind power, biomass, and fuel cells.
In the field of power and freshwater plants, starting with the undertaking of the turnkey Pyeongtaek Thermal Power Plant Project in 1977, we constructed multiple plants including Bundang CCPP, Taean Thermal Power Plant and Dangjin No. 9&10 TPP. Domestically, we also successfully completed the Busan Jeonggwan District Group Energy Project by acquiring a permit for the direct sale of energy as the first private operator in Korea. Overseas, beginning with our inroad into the Middle East in the 1970s, we have been building upon our technological excellence and global reputation through projects including the Al-Khobar Thermal Power and Desalination Plant in Saudi Arabia, the Jebel Ali Power Plant in the UAE, Azito's CCPP Extension in Côte d'Ivoire. By winning the Ras Laffan C Independent Water and Power Project (IWPP) worth USD 2.67 billion, the largest scale as a single plant construction, in 2008, we became the first in the Korean construction industry to achieve the feat of winning a total of USD 60 billion in overseas contracts.
Based on advanced technology and experience, we have maintained our reputation in the electricity and communication field, completing the construction of the 765kV Sintaebaek transmission line, the 345kV Sinwolseong-Bukkori transmission line, and the 756-kV electricity transmission wires between the Shin-Kori plant to the North Gyeongnam Substation. Furthermore, we have maintained solid leadership in the overseas power transmission market with our exceptional design and construction capabilities, having laid transmission lines of 380kV or higher across over 9,000 km in length worldwide. In particular, technologies applied in the 380kV transmission line construction in Saudi Arabia in 1984, including the steel tower design, earned the nickname of “Hyundai Standard”, which remains in use today. The Hyundai Standard has been spread to other countries in the Gulf Cooperation Council (GCC) including Qatar, the UAE, and Bahrain through the construction of power grid links connecting Gulf states.
Furthermore, we are currently conducting a series of constructions for multiple extra high voltage (EHV) substations in various locations including Saudi Arabia, the UAE, Kuwait, Qatar, and Libya, while also demonstrating our high technological standard in projects such as the construction of traction lines on Gyeongbu Line as part of the railway electrification project as well as the electronic and mechanical constructions for the Airport Railroad Express (AREX) to Incheon International Airport.
Based on the advanced technology and experience, we have been sustaining our reputation in the electricity and communication field from the construction of 765kV Sintaebaek transmission line and of the 345kV Sinwolseong-Bukkori transmission line to the 756-kV electricity transmission wires from the Shin-Kori plant to the North Gyeongnam Substation construction. Furthermore, we have maintained solid leadership in the overseas power transmission market from 132kV to 800kV with our exceptional design and construction capabilities, completing over 9,000 km-long 380kV or higher transmission line construction worldwide. In particular, all the technologies including Steel Tower Design applied in the Saudi Arabia’s 380kV transmission line construction in 1984 were even called “Hyundai Standard” used until now. Hyundai Standard is spread to all countries in Gulf Cooperation Council (GCC) including Qatar, UAE, and Bahrain through the power grid link construction among Gulf states.
Hyundai E&C is also making active inroads into the field of new and renewable energy. Our wide-ranging portfolio includes the construction of the Sarulla Geothermal Power Plant in Indonesia at the scale of 3 x 110MW, Mapo Resource Recovery Plant and Hwaseong Municipal Solid Waste Plant in Korea, and Sakra Waste-to-Energy Plant in Singapore. In addition, the successful completion and operation and management (O&M) of the 65MW Seosan PV Power Plant integrated with 130MWh BESS plant has allowed us to take significant steps in the eco-friendly power generation industry.
Going forward, we will aim to continue leading the development of renewable energy and construction of green energy networks, which are key to creating an abundant future society, based on our robust experience and technological excellence.