ZTPC Completes Early Step for China Huadian's Xiasha Gas-fired Cogeneration Project

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Researched by Industrial Info Resources China (Beijing, China)--Zhejiang Thermal Power Construction Company (ZTPC) (Hangzhou, Zhejiang), a subsidiary of China Energy Engineering Corporation (CEEC) (Beijing), completed the concrete placement for the foundation of the chimney for the waste heat recovery boiler at China Huadian Corporation's (Beijing) Xiasha gas-fired cogeneration project in Hangzhou on August 9, 2012. The first concrete placement for the main powerhouse of the project has been completed, creating favorable conditions for milestone nodes, such as the kick-off of the boiler steel structure in the next stage, according to an announcement from the CEEC on August 10, 2012.

The Huadian Xiasha gas-fired cogeneration project, located at Chengdong in the north of Hangzhou Economic and Technology Development Zone, is mainly invested by Huadian Power International Corporation Limited (HDPI) (SHA:600027) (Beijing), the listed flagship of China Huadian Corporation. The project plans to build two 100-megawatt (MW), combined-cycle units with the adoption of a "2+1" layout; namely, two 6FA combustion turbine generators, two waste heat boilers, plus one condensing steam turbine generator in the initial stage, with space reserved for further expansion. The project is also furnished with two 50-ton-per-hour, gas-fired boilers as spare in the initial stage.

Early in 2010, China Huadian Corporation had signed a letter of intent with the local government for joint development of the project. In July 2011, the preliminary feasibility study report for the project passed examination. On March 9, 2012, the HDPI officially signed the investment agreement with Hangzhou Gas Group Company Limited (Hangzhou, Zhejiang) for the setup of a company for the project. The HDPI owns 56% of the shares in the company. At the end of March 2012, the project received approval from the Development and Reform Commission of the Zhejiang province.

According to the schedule, both units of the project will begin operations by the summer peak season in 2013.

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