BHI Raises Power Plant EPC Contract With Korea District Heating to KRW249 Billion
MT Newswires Live
Sep 24
BHI (KOSDAQ:A083650) filed an amended single sales and supply contract originally submitted on Aug. 7, increasing the value to nearly 249 billion won from 243.9 billion won, in addition to a separate US$55 million portion.
The contract covers a power generation EPC construction agreement with Korea District Heating Corp., running from Aug. 21, 2024 to Dec. 1, 2028, with the company acting as the sole producer.
The total contract value comprises $55 million plus 237.9 billion won, with the fixed amount reflecting the company's equity share converted at the Aug. 21, 2024 rate of $1 to 1,332 won.
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