Friday, August 31, 2007

Voith Siemens Hydro wins big deal in China

Voith Siemens Hydro Power Generation in Shanghai has won a contract worth approximately EUR120 million in the Southwest China's Sichuan province.

Under the deal, Voith Siemens will provide the electro-mechanical equipment for Jinping II hydro power station on the Yalong River, which is the country's fourth-largest source for hydro power production.

Located at the lower reaches of the river, Jinping II has a total capacity of 4,800 MW and is therefore the largest of the five hydro power stations on the Yalong. It will be equipped with eight turbines, each rated at 600 MW.

Jinping II hydro station is an important part of China's strategic energy plan to transmit electricity from the west to the country's highly industrialized east, where the demand for energy has been rapidly increasing in recent years. The plant is expected to be completed in 2014.

Voith Siemens Shanghai was established in 1994, and it has already supplied equipment for more than 50 large-scale hydro power projects in China. This deal is so far the largest contract for the Shanghai-based company.

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