[Huaneng Hydropower: plans to invest in Xizang Hydropower project]On May 30, 2023, Huaneng Hydropower held the 16th meeting of the third Board of Directors, deliberating and passing the Motion on the investment and construction of hydropower Station Project in Tibet, which intends to invest and construct hydropower station project in Tibet (hereinafter referred to as the project). The project was approved by the National Development and Reform Commission in April 2023. At present, the project technology is feasible, all conditions have been basically implemented, the project risk is controllable, and the project investment and construction conditions have been met. It is reported that the installed capacity of this project is 2.6 million kW, the annual average power generation is 11.281 billion KWH, the total construction time is 132 months (excluding the preparation period), calculated according to the price level in the third quarter of 2022, the total investment of the project is 58.381 billion yuan. Huaneng Hydropower said that this project investment is an important hub for the company to build a clean energy base in the Xizang section of Lancang River, and plays a significant role in giving full play to the advantages of cascade joint operation in the Lancang River basin, improving the utilization rate of cascade water energy and comprehensive power generation benefits. The economic indicators of the project construction are feasible, and the subsequent cooperation with other power supplies delivered to the clean energy base in Xizang section of the upper reaches of Lancang River is conducive to improving the company's core competitiveness in the market. Editor/Xu Shengpeng
Recently, China Construction Middle East undertook the construction of the Salman King Street viaduct and Nasim Street renovation project in Dubai, and the new bridge towards Dubai Port was completed ahead of schedule, attracting attention from local officials and media. The bridge has four lanes in both directions and can accommodate 6000 vehicles per hour, significantly reducing the travel time to and from the port. The construction team overcame difficulties such as heavy traffic, complex pipelines, and uninterrupted traffic construction to efficiently complete the project. This project is a key infrastructure project in the local area, which aims to improve the port road network. China Construction Middle East will continue to promote the remaining projects to assist Dubai's urban transportation construction.Editor/Gong Ziwei
Urad Middle Banner in Inner Mongolia signed an 8.5 billion yuan wind solar hydrogen ammonia integration project with Ates, which will be implemented in the Ganqimaodu Port Park. The project will be supported by 1 million kilowatts of wind power and produce 50000 tons of green hydrogen and 260000 tons of green ammonia annually, using green electricity throughout the entire process. The project uses wind hydrogen ammonia conversion to solve the problem of wind power consumption and contribute to dual carbon. At present, the preliminary work is progressing in an orderly manner, and the plan is to complete the preliminary review and start construction by December 2026. This project promotes the transformation of enterprises into comprehensive energy service providers, providing a demonstration for the coordinated development of new energy and high energy consuming industries in Shagehuang.Editor/Gong Ziwei