Doosan Heavy and Construction Co. clinched a thermal power project worth 2.8 trillion won from the state-owned power company in the Uttar Pradesh State, northern India, the company said on Dec. 26.
The company said its local subsidiary, Doosan Power System Co. operating in India, got the NOA from the Uttar Pradesh Power Co. recently to take care of the thermal power plant project involving the construction of two thermal power plants in Uttar Pradesh State. An official contract for the project is slated to be signed within a month’s time, the company said.
The deal consists of two separate projects to build four coal-fired power plants, according to the company.
Under the deal, the South Korean firm will build two 660-megawatt power plants at India's Obra-C power station by 2020 and an additional two plants in Jawaharpur by 2021. The project is exemplary of Chairman Park Ji-won’s drive to seek new project markets for the company away from the Middle East. Doosan Heavy won the hard fought competition for the thermal power construction project worth some 3 trillion won, which sits in the center region of Indian history and culture, officials of the company said.
Doosan Heavy is counting on the project to help the company win additional projects in the power plant market in northern India, they added.
The project will bring the company’s total orders won in 2016 so far to 5.9 trillion won, putting the company on a path to win over 9 trillion won worth of project orders for the year, the heavy industrial company said.
The company’s 5.9 trillion won worth of orders are in a variety of countries, including Saudi Arabia, the Philippines, Egypt and Indonesia.
Uttar Pradesh State has a total population of some 200 million and the most famous Indian historical legacy and the symbol of India, Taj Mahal, is located there.
This year Doosan Heavy expects to secure the highest new orders receipt figures since 2011’s 10.1 trillion won of orders. The company is ready to strengthen plans to clinch more orders in the country’s thermal power plant market, which is projected to average around 18 GW in new coal-burning power plant orders annually until 2020.
Doosan Heavy Industries & Construction runs its business with the EHS vision of ensuring the safety of its employees, partners and communities.
Expanding its global business at a fast pace, Doosan Heavy’s overseas sales is taking up nearly 60 percent of the total revenue and more than half of its employees are working overseas.
To provide a safe environment for its people, Doosan has significantly boosted medical assistance at overseas project sites in the recent years. Doosan has been providing Hot-Lines and SOS services so the medical teams of the in-house medical center can be immediately reached and be at hand when an emergency situation occurs at construction sites.
Since 2012, the medical team, along with doctors from the hospital at the Changwon Plant, have taken trips to project sites abroad and delivered medical assistance including health counseling. Over the past three years, the team has taken a total of 10 trips to nine construction sites in five countries, including Cirebon in Indonesia, Mundra in India, Rabigh No.2 in Saudi Arabia, Ain Sokna in Egypt, and Mong Duong No. 2 project in Vietnam. Some 920 employees have received treatment.
On top of medical service, Doosan Heavy is providing comprehensive EHS (Environment, Health and Safety) programs with hands-on training for the employees to be prepared for accidents. It also provides tools such as a Daily Safety Patrol system and honoring prizes to exemplary workers who facilitate communication and cooperation among colleagues from diverse cultural backgrounds.
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A map of India showing where Uttar Pradesh State is located in northern Indian subcontinent.(Photos: Doosan Heavy)
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