HJ ShipBuilding & Construction raises contract value to KRW 89.87 billion
KEP•HJ ShipBuilding & Construction revised its Korea Electric Power contract for the 500kV Singapyeong converter station project to KRW 89.87 billion from KRW 89.53 billion. The amended value represents 5.03% of revenue, up from 5.01%, and the project runs through December 31, 2026.
1. Contract amended
HJ ShipBuilding & Construction revised its construction contract with Korea Electric Power to KRW 89.87 billion from KRW 89.53 billion. The November 10, 2026, correction raises the contract’s share of revenue to 5.03% from 5.01%. The 500kV Singapyeong converter station project is scheduled to run through December 31, 2026.
