Power
China Huaneng to Invest $650 Million in Cogeneration Power Project in Anyang
China Huaneng Group Henan Company signed the development agreement with the government of Anyang City for the construction of a large-scale cogeneration power project
Released Tuesday, April 29, 2014
Researched by Industrial Info Resources China (Beijing, China)--China Huaneng Group Henan Company (Zhengzhou, Henan), a regional subsidiary of China Huaneng Group (Beijing), signed the development agreement with the government of Anyang City for the construction of a large-scale cogeneration power project in Anyang City on April 15, 2014, according to an announcement from the government of Anyang City on April 16.
The proposed Huaneng Anyang Cogeneration Project will be located in Baiying Town, Tangyin County, of Anyang City, occupying about 66.7 hectares. Phase I, which will occupy about 33.3 hectares, involves the construction of two 350-megawatt (MW), supercritical, coal-fired, extraction-condensing steam turbine units, together with associated heat supply pipeline works. Phase I has a total investment value of $650 million.
Early in August 2013, Huaneng Henan Company signed a framework agreement with the government of Tangyin County for the development of the project. The agreement will accelerate the pre-stage preparation.
According to the schedule, the project will begin construction in 2015 and become operational in 2017. Upon completion, the project will be able to supply 322 tons per hour of high-temperature steam to industrial users. It also will provide centralized heating to an area of 13.7 million square meters to the eastern and southern urban districts of Anyang, the downtown of Tangyin County, and the Anyang Airport District. It also will promote local economic development through about $240 million of sales income per year, and improve the local environment and quality of life by reducing the emission of 800 metric tons of soot and 4,500 metric tons of sulfur dioxide every year.
Among the leaders and representatives who attended the signing ceremony were Wang Xu, the general manager of Huaneng Group Henan Company, and Ma Linqing, the mayor of Anyang City.
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