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FINWIRES

SNT Energy Supplier Secures KRW128 Billion Heat Recovery Steam Generator Supply Deal

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SNT Energy (KRX:100840) has secured a 128.2 billion won contract to supply Heat Recovery Steam Generators (HRSG) for Korea Southern Power's Hadong combined-cycle power plant project.

The deal represents about 21% of the group's consolidated fiscal 2025 sales of 606.12 billion won, with the contract period running from Sept. 1, 2026, through Dec. 31, 2029.

Payment terms include an advance payment, with subsequent billings to follow the milestone-based schedule stipulated in the contract, according to bourse filing on Wednesday.

The contract amount and timeline remain subject to adjustment as the project progresses, and all figures are based on the company's latest consolidated financial statements.

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