seetao.com learned from China Power Engineering Consulting Group Northwest Electric Power Design Institute Co., Ltd. that on September 15, 2021, the consortium formed by the company and Pinggao Group International Engineering Co., Ltd. and Kailing International Energy Holding Group Co., Ltd. signed the Iraqi Basra AL -Cooperation agreement for FAW1000MW combined cycle power plant project.

The signing of the agreement provides a good opportunity for China Xidian, Pinggao Group, Xuji Group, Shandong Electric and other companies to reorganize and establish a new central enterprise with assets of nearly 120 billion yuan-China Power Equipment Group in the future to explore the Middle East market. At present, the countries along the Belt and Road are mainly developing countries, and the power and grid construction foundation is weak. In particular, Iraq has great potential for transformation and upgrading. The countries along the route do not have particularly strong local power transmission and distribution enterprises, and there is no great local protectionism. The tendency is that the China Power Equipment Group, which is about to be established, will further enhance China’s overseas competitive advantage in the field of power transmission and distribution equipment.

From the perspective of business type and size, the members of the consortium have strong professional strength and strong scientific research strength. Pinggao Group was founded in 1970. After 50 years of development, it has positioned itself as a power equipment manufacturer and system integrator. Now it has formed two main businesses of power equipment R&D and manufacturing and energy system integrated solutions centered on switches. The business scope covers R&D, design, manufacturing, sales, testing, complete sets of related equipment, service and engineering contracting, GIL, power storage, integrated energy, etc. of transmission and distribution equipment.

China Power Engineering Consulting Group Northwest Electric Power Design Institute Co., Ltd. was established in October 1956. It is a wholly-owned subsidiary of China Power Engineering Consulting Co., Ltd., a subsidiary of China Energy Construction Group. There are more than ten Grade A qualifications, such as Grade A, engineering consulting, cost consulting, environmental impact assessment, surveying and mapping. In terms of business development, it has established business relationships with more than 40 countries and regions around the world.

Iraq's power grid transformation and upgrading

Judging from the cooperation of the Iraqi Basra AL-FAW1000MW combined cycle power plant project, the project is highly valued by the local Iraqi government. In April 2021, the Basra Investment Committee, an Iraqi government agency, wrote to Kailing International Energy Holding Group Co., Ltd., welcoming it to complete the Basrafao 1000MW combined cycle power plant project in Basra, Iraq.

Public information shows that Kailing International Energy Holding Group Co., Ltd. is an international company with energy investment as its main business. After years of development, it currently has a broad and mature market in the Middle East, North Africa and other regions. In addition to the Basra Investment Committee AL-FAW1000MW combined cycle power plant in Iraq, it was also invited to invest in the construction of pumping stations, oil storage tanks and 350 kilometers of oil pipelines from Basra to Najaf, Basra palm tree integrated residential complex and supporting projects, with a total investment of nearly 30 One hundred million U.S. dollars.

Ms. Zhang Rui, CEO of Kailing International Energy Holding Group Co., Ltd. said: “Under the current severe situation of the global fight against the epidemic, the Iraqi government has accelerated the pace of economic development and improvement of people’s livelihood. The construction of all the projects of the Basra Investment Committee will affect the economy of Basra. And people’s livelihood is extremely important. The project site, Al-FAW, Iraq, is an important economic and military town in Iraq. It is also the largest oil port in southern Iraq. The electricity demand gap is very large. Makes Made in China show great charm".

The consortium of Pinggao Group and China Power Engineering Consulting Group Northwest Electric Power Design Institute Co., Ltd. has a strong technical advantage in the development of the Iraqi AL-FAW1000MW cycle power plant project. In terms of the businesses covered by the consortium, its high-end consulting planning and engineering survey In business areas such as design and general contracting, it maintains comprehensive industry technology leadership in energy planning and research, thermal power generation, new energy power generation, multi-energy complementation, power transmission and transformation, municipal engineering and environmental protection, and has the ability to provide customers with integration The strong strength of service,

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

The Iraqi Basra AL-FAW1000MW power plant project has a total investment of nearly 1.1 billion U.S. dollars. After completion, it will make up for the extremely important power demand of the Iraqi government. It is an important guarantee for Iraq’s development of people’s livelihood and economy. Editor/Tian Zengpeng