GS Engineering to build new tidal power plant in South korea  

AFP reports on the latest tidal power project in South Korea (the global hotspot for such initiatives) - GS Engineering to build major tidal power plant.

South Korean firm GS Engineering and Construction said Wednesday it has won a 3.4-billion-dollar contract to build one of the world's largest tidal power stations. Under the deal signed with the state-run Korea Hydro and Nuclear Power Co, GS Engineering will build the power station on the west coast near Gangwha Island, 50 kilometres (30 miles) west of Seoul.

Construction will start in late 2011 with a view to completion in 2017. The power station will have a capacity of 1.3 million kilowatts per hour or 2.41 billion kilowatts per year. ...

South Korea is also in the process of building three other tidal power plants on the west coast.