Investment
Orient International signs construction project of Arab thermal power plant
Seetao 2021-08-29 10:07
  • The project is scheduled to start at the end of 2021 and be put into use in 2024
Reading this article requires
5 Minute

Recently, Arab Potash Corporation (APC) announced that Dongfang Electric Group International Cooperation Co., Ltd. (hereinafter referred to as Dongfang International), a subsidiary of China Dongfang Electric Group Co., Ltd., has successfully won the bid for the APC thermal power plant construction project. It is reported that this is the first time a Chinese company has won the bid for a major strategic project of APC since the implementation of the Belt and Road Initiative. It is a successful practice for Chinese companies to "go global".

The thermal power plant construction project in this tender is one of APC's important strategic projects. The project value is 35 million Jordanian dinars (about 350 million yuan), which is an important measure for APC to ensure energy security, reduce costs and increase efficiency. The project will use a 40-megawatt condensing steam turbine and a dual-fuel high-pressure boiler. It is planned to start construction at the end of 2021 and be put into use in 2024. After it is put into production, it can meet APC's growing demand for electricity and steam, and save about 15 million Jordanian dinars (approximately RMB 150 million) in electricity bills each year. Jordan Arab Potash Corporation is an important global potash producer. In 2018, the State Development and Investment Corporation subsidiary SDIC Mining acquired about 28% of its shares and became the largest shareholder.

Keywords: One Belt One Road, overseas projects, engineering news

In 2021, China Dongfang Electric Group will actively deploy overseas renewable energy markets in the face of the complex and changeable international situation, and contribute to the global response to climate change and the development of the Belt and Road Initiative. In recent years, Dongfang Electric Group has built a number of basic engineering projects in Arabia, which not only guarantees the economic development of Arabia, but also solves the employment of thousands of local people. Editor/Tian Zengpeng

Comment

Related articles

Investment

Follow up maintenance project for the Maldives China Malaysia Friendship Bridge

04-19

Investment

China's e-commerce experience drives development along the Belt and Road

04-18

Investment

Jiangxi International Achieves Water Supply Project for Chad in Africa

04-18

Investment

Tianjin Rail Transit Signed Contract for Kazakhstan Urban Light Rail Project

04-17

Investment

China Construction Middle East Captures Safa No.2 Residential Project

04-17

Investment

Huawei Joins Hands with UAE to Build a Smart Warehousing Benchmark Project

04-17

Collect
Comment
Share

Retrieve password

Get verification code
Sure