[Insight] DL E&C Builds New Growth Axis in Power Infrastructure as Energy Orders Accelerate

DL E&C is expanding its growth prospects in power and energy infrastructure as demand for such projects surges. The firm has inked a W244.1 billion ($180 million) contract to construct a 500-megawatt combined heat and power (CHP) plant in Asan, South Korea. This follows a W550 billion power plant order on Jeju Island just two months earlier.

Moreover, DL E&C has joined the U.S. small modular reactor (SMR) engineering effort. The timing reflects increased investment in electricity infrastructure due to rising power consumption from AI data centers, accelerating industrial electrification, and countries' pursuit of reliable and lower-carbon energy systems. For DL E&C, this aligns with their existing capabilities in plant engineering, procurement, and construction, which could help diversify their energy infrastructure business.