Doosan Heavy Industries & Construction has been awarded the engineering, procurement and construction (EPC) contract for a hydrogen liquefaction plant in Gyeongnam, Korea.
Under the contract, the company will perform the EPC work for a hydrogen liquefaction plant and will also provide operation and maintenance (O&M) services for twenty years.
Once complete and in commercial operation in 2023, the plant will have a daily production capacity of five tonnes of liquefied hydrogen, which will then be supplied to hydrogen stations nationwide.
Yeonin Jung, Doosan Heavy’s Chief Operations Officer, said, “We will make sure that Korea’s first hydrogen liquefaction plant project is a success. By establishing the foundation for liquefied hydrogen production, we aim to contribute to promoting the hydrogen economy infrastructure.”
The Korean company signed the contract and investment agreement last week with Gyeongnam Province, Changwon City, Changwon Industry Promotion Agency (CWIP), BNK Kyongnam Bank, Hana Alternative Asset Management and the Korea Industrial Complex Corporation (KICC).