
A-Power starts thermo-electric plant construction for Jinzhou
A-Power Energy has started constructing a new heat and power generation plant for Jinzhou Mengguzhen Thermo Electric Co.
It was done under an engineering, procurement, and construction contract signed in September.
Total investment for engineering, procurement, and construction of the heat and power generation plant is estimated to be about US$ 105.0 million. The project is expected to be completed in 18 months.
"Our recent good momentum in our distributed power generation business is an indication that customers believe that we deliver quality and performance at a competitive price. We are very pleased to help support the development and success in the Jinzhou development zone, while at the same time reducing the Jinzhou city's need to dispose of bio-waste material. It is a win-win situation for Jinzhou, its development zone, the environment, and A-Power and its shareholders," said Mr. Jinxiang Lu, A-Power's Chairman and Chief Executive Officer.
The power generation plant will support the development of Jinzhou Economic and Technology Development Zone by providing heat to nine manufacturing enterprises and by providing additional electric power in the zone. As of December 31, 2008, the zone's total heating area was 2.37 million square meters or 25.5 million square feet.
The plant will include three circulating fluidized bed boilers and two 25 megawatt back pressure steam turbine generators. The three boilers together have a capacity to consume 240 metric tons of bio-waste per hour.