Doosan Enerbility Co., Ltd., formerly known as Doosan Heavy Industries, is a heavy industrial company headquartered in Changwon,

South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korean Peninsula and sharing a land border with North Korea. Its western border is formed by the Yellow Sea, while its eas ...

. It was established in 1962. Its business includes manufacturing and construction of nuclear power plants,

thermal power station A thermal power station is a type of power station in which heat energy is converted to electrical energy. In a steam-generating cycle heat is used to boil water in a large pressure vessel to produce high-pressure steam, which drives a stea ...

turbine A turbine ( or ) (from the Greek , ''tyrbē'', or Latin ''turbo'', meaning vortex) is a rotary mechanical device that extracts energy from a fluid flow and converts it into useful work. The work produced by a turbine can be used for generating ...

s and generators, desalination plants,

casting Casting is a manufacturing process in which a liquid material is usually poured into a mold, which contains a hollow cavity of the desired shape, and then allowed to solidify. The solidified part is also known as a ''casting'', which is ejected ...

s, and forgings.

History

In 1962, Doosan Heavy Industries & Construction Co., Ltd, formerly known as Korea Heavy Industries and Construction Co., Ltd, was founded by Doosan Group. In 1999, Doosan Heavy Industries & Construction was integrated with several other domestic power industries. In 2000, Doosan Heavy Industries &

Construction Construction is a general term meaning the art and science to form Physical object, objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Pr ...

went public and was listed on the Korean stock market. In 2001, Korea Heavy Industries and Construction Co., Ltd was renamed as Doosan Heavy Industries & Construction Co., Ltd. The company was ranked first in global desalination market and selected as "Global Product". In 2006, Doosan Heavy Industries and Construction acquired Kvaerner IMGB (Currently Doosan IMGB) and Mitsui Babcock (Currently Doosan Babcock). The company established water R&D centers in

Dubai Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of ...

(UAE) and Tampa,

Florida Florida is a state located in the Southeastern region of the United States. Florida is bordered to the west by the Gulf of Mexico, to the northwest by Alabama, to the north by Georgia, to the east by the Bahamas and Atlantic Ocean, and to ...

(USA). In 2007, Doosan Heavy Industries and Construction began the construction of Doosan VINA plant in

Vietnam Vietnam or Viet Nam ( vi, Việt Nam, ), officially the Socialist Republic of Vietnam,., group="n" is a country in Southeast Asia, at the eastern edge of mainland Southeast Asia, with an area of and population of 96 million, making i ...

. In 2008, Doosan Engineering & Construction signs a contract regarding the supply of nuclear equipment, such as reactor vessels and steam generators, with Westinghouse. The input is for the two AP1000 reactors located in USA and is worth around $195 million US dollars. In 2009, Doosan Heavy Industries and Construction acquired Czech-based power systems maker Škoda Power. Doosan VINA was completed in 2009. In 2010, Korea Electric Power Company ( Kepco) granted Doosan Heavy Industries a $3.9 billion US dollar contract to supply equipment for four nuclear power reactors planned in the

United Arab Emirates The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia ( The Middle East). It is located at t ...

. In 2011, Doosan Heavy Industries and Construction acquired AE&E Chennai Works (Currentl
Doosan Power Systems India
. In 2012, Doosan Heavy Industries and Construction acquired the assets of Enpure Limited, a water process engineering company in the UK to form Doosan Enpure. On December 10, 2014,

Korea Herald ''The Korea Herald'' is a leading English-language daily newspaper founded in 1953 and published in Seoul, South Korea. The editorial staff is composed of Korean and international writers and editors, with additional news coverage drawn from inte ...

reports that Doosan Engineering & Construction has scrapped original plans to build a 1 trillion won

thermal power plant A thermal power station is a type of power station in which heat energy is converted to electrical energy. In a steam-generating cycle heat is used to boil water in a large pressure vessel to produce high-pressure steam, which drives a steam ...

. This halt in building plans hinders the Company’s chances of meeting its annual target of winning 10 trillion won worth of construction orders. The reason behind the cancellation of plans by

National Thermal Power Corporation Limited NTPC Limited, formerly known as National Thermal Power Corporation Limited, is an Indian central public sector undertaking under the ownership of the Ministry of Power, Government of India which is engaged in generation of electricity and ...

(NTPC) was due to the lack of government approvals regarding environmental and other issues. In September, Doosan had bid the lowest price for a Katwa 1,320 megawatt power plant, beating Indian rival

Larsen & Toubro Larsen & Toubro Ltd, commonly known as L&T, is an Indian multinational conglomerate company, with business interests in engineering, construction, manufacturing, technology, information technology and financial services, headquartered in Mumba ...

. In December 2014, it signed a contract to build the Nghi Sơn II Power Station in Vietnam, and in April 2015, the Anin Thermoelectric Power Plant in South Korea. In February 2015, it delivered seawater desalination plant facilities for

Escondida Escondida is a copper mine at elevation in the Atacama Desert in Antofagasta Region, Chile. Geology The Escondida deposit is one of a cluster of porphyry coppers in an elongated area about 18 km north–south and 3 km east–west a ...

in Chile. In June and July the company won tenders for water treatment plants in the United Kingdom and Oman. In April 2015, the company delivered a nuclear reactor for the

Barakah Nuclear Power Plant The Barakah nuclear power plant ( ar, محطة براكة للطاقة النووية) is the United Arab Emirates' first nuclear power station, the first nuclear power station in the Arabian Peninsula, the second in the Persian Gulf region and ...

in the

. In 2016, Doosan Heavy Industries and Construction acquired 1Energy Systems, a Seattle-based company that specializes in ESS control system software, to form Doosan GridTech

References

External links

* Construction and civil engineering companies of South Korea Engine manufacturers of South Korea Wind turbine manufacturers Gas turbine manufacturers Heavy Industries and Construction Companies based in Changwon Manufacturing companies established in 1962 Construction and civil engineering companies established in 2000 South Korean brands Companies listed on the Korea Exchange South Korean companies established in 1962 South Korean companies established in 2000 {{Industry-company-stub Steam turbine manufacturers