BHI (KOSDAQ:083650) secured a supply contract for LNG combined-cycle power generation equipment from CHEC-HEI-THCC General Partner, according to a Wednesday filing by the power plant equipment manufacturer with the Korea Exchange.
The contract, valued at 56.6 billion won, is valid till Feb. 13, 2029.
CHEC-HEI-THCC General Partner is a Chinese-led consortium, with China Harbour Engineering Company, Harbin Electric International, and Third Harbor Consultants as members.
Shares of BHI fell nearly 1% in recent trade.