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Posted by Chen Minghua on September 02, 2002 at 17:34:34:
Xishaishan Power Plant, Hubei - 2002-8-29 - Construction of the 8 year long preparation power plant started yesterday. This power plant with a planned capacity of 2 400 MW is not only the largest investment project in Huangshi city, but is also the first foreign investment power plant in the Hubei Province, the first key power generation plant of the province in the new century and is also the first inland project financing demo of the SDB (State Development Bank).
Xishaishan Power Generation Co Ltd (XPG) will manage the whole project. XSP is composed of three parties: Hubei Huangshi Power Generation Co Ltd., PSEG Huangshi Power Ltd., and Huangshi City Investment Co. During the first phase of construction, 2x330 MW of power capacity will be installed, and an investment of RMB 3.141 billions will be injected into the construction site.
Chair of the Board of XSP, Mr Ke Guohua: XSG is one of the key renovation projects ( projects to remove the smaller and old units and be replaced with large ones) and is also one of the the country's demo projects for the 21st century. All these say the importance. And after completion of the construction, XSP will replace the old 394 MW power capacity in the province. He predicts the first unit will be put into commercial operation in December 2004.
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