Redondo Peninsular Energy cancels $940m Doosan Heavy EPC contract

In:

Power

Region:

Asia-Pacific

Redondo Peninsular Energy has terminated a $940 million EPC contract for the Subic Redondo coal-fired power station that had been awarded to South Korea's Doosan Heavy Industries & Construction in 2016. Delays to the approval of energy tariffs for the project by the Philippines' Energy...

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