From the Field

Angola taps South Korean firms for power plant

LUANDA, September 3, 2018 – A consortium of four South Korean companies has been selected for the feasibility study for the construction and operation of a gas-fired combined-cycle power plant in Angola’s Benguela province, local media reported Saturday.

Busan Korea Biotechnology, Korea Southern Power, Hyundai Engineering and BHI will look at the technical, economic, financial and environmental feasibility of the project alongside Angola’s Beltec Engenharia e Serviços.

The memorandum of understanding between the companies and the Ministry of Energy and Water has been approved by the Executive, Jornal de Angola reported.

The 750-MW power plant is to be built on a build-operate-transfer basis.