HJ ShipBuilding & Construction raises Singapyeong converter station contract value to KRW 89.53 billion
KEP•HJ ShipBuilding & Construction revised its contract for civil construction at the 500kV Singapyeong converter station to KRW 89.53 billion, or 5.01% of its 2022 consolidated revenue. Completion is scheduled for Dec. 31, 2026.
1. Contract amendment
HJ ShipBuilding & Construction revised the value of its construction contract with Korea Electric Power to KRW 89.53 billion on Oct. 23, 2026, following a contract amendment. The work covers civil construction for the 500kV Singapyeong converter station, with completion scheduled for Dec. 31, 2026. The revised value represents 5.01% of 2022 consolidated revenue, up from 4.78% previously disclosed.
