China Gezhouba Group wins $1.62bn contract for Indonesian hydro plant

Note* - All images used are for editorial and illustrative purposes only and may not originate from the original news provider or associated company.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back

Related stories

New EU Energy Platform to Boost Industry, Slash Emissions

In a bold step to enhance Europe’s industrial competitiveness...

GSE and NuScale Power Develop Hydrogen Simulator Project

GSE Solutions has developed a simulation model for hydrogen...

US Fuel Cell Generates Power and Hydrogen from Water

Engineers at West Virginia University have developed an advanced...

PowerCell Receives Order for MS-500 Marine Fuel Cell System

Swedish hydrogen fuel cell provider PowerCell has signed a...

State-owned construction company China Gezhouba Group (CGG) has signed a $1.62bn (CNY 11.52bn) deal to construct a 1.2GW hydroelectric power plant in Indonesia.

CGG will run the design, construction material, procurement and commissioning for the Borneo plant. Work will begin with phase one of the Data Dian plant, owned by Indonesia Dafeng Heshun Energy Industri.

When the plant is completed, CGG will trial it before handing it over within the five-year agreement’s terms.

The company is a subsidiary of China Energy Engineering Group, which is in turn owned by the Chinese state. It said it has reassured workers of precautions made to limit the spread of Covid-19.

CGG Chairman Chen Xiaohua said he expects some of the power to be used for local industries such as metal extraction and smelting.

Chinese state media announced the deal as part of the Belt and Road Initiative. This policy was established by the country to invest in the development of nearby foreign countries. Some commentators, including the prime minister of Malaysia, have warned that this is a “new version of colonialism” based on economics.

Latest stories

Related stories

New EU Energy Platform to Boost Industry, Slash Emissions

In a bold step to enhance Europe’s industrial competitiveness...

GSE and NuScale Power Develop Hydrogen Simulator Project

GSE Solutions has developed a simulation model for hydrogen...

US Fuel Cell Generates Power and Hydrogen from Water

Engineers at West Virginia University have developed an advanced...

PowerCell Receives Order for MS-500 Marine Fuel Cell System

Swedish hydrogen fuel cell provider PowerCell has signed a...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back