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Doosan Heavy Industries & Construction Co. (DHIC) has signed a 220 billion won deal with Polish energy company Dobra Energia to build a waste-to-energy plant in Olsztyn, Poland.
Under the deal, DHIC and its German affiliate, Doosan Lentjes, will build the plant that turns about 300 tons of waste to 12 megawatts worth of electricity and heat.
Doosan Skoda Power, DHIC's Czech turbine-making subsidiary, would provide a 12-megawatt small-sized gas turbine to the project.
According to DHIC, they will aggressively expand in the European Waste-to-Energy market, set to increase its volume to 1.6 gigawatts by 2024.
DHIC has been triggering a cash shortage crisis that is burdening the Doosan Group.
