Large-scale northern China cogeneration project obtains approval

Huaneng Power International Incorporated (NYSE: HNP) has confirmed that its Huaneng Tongxiang gas fired cogeneration project has been approved by the Zhejiang Provincial Development and Reform Commission.

Huaneng Power, which is one of the largest listed power producers in China, owns a 95% share in the project.

This latest approval marks the third such project for the company in the last 12 months..

Last year, Huaneng Power obtained approval for two gas fired cogeneration projects – the 400 MW Huaneng Jinling plant in Jiangsu province and the 1500 MW Huaneng Chongqing Liang Jiang plant, located in the municipality of Chongqing.

The Huaneng Tongxiang cogeneration project, which comprises two 200 MW combined-cycle gas turbine units, will require an estimated investment of RMB1.488 billion (US$234 million), of which 20 per cent will be project capital, contributed by Huaneng Power and New Town Development and Construction Company Limited of the Linhang Economic Area of Tongxiang, Zhejiang.

The remaining money will come from bank loans.

For more Cogeneration/CHP news.

For more Asian news



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...