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Changzhou City Combined-Cycle Power Plant

Sector: Power Generation (CCGT) • Location: China

Source: World Bank Group

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Changzhou City Combined-Cycle power plant is a 45-MW combined-cycle power plant built on a BOT basis in Changzhou City, Jiangsu province, in eastern China. The project was being undertaken by Sithe Energies which will operate the plant for 20 years. The power plant was owned by Sithe China Holdings (80%), Changzhou City Power General Industry (10%) and Changzhou High-Tech Zone General Co. (10%).

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The project “Changzhou City Combined-Cycle Power Plant” is an infrastructure initiative in the Power Generation (CCGT) sector, located in China. Taiyo aggregates data on it from World Bank Group.

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Description

Description

Changzhou City Combined-Cycle power plant is a 45-MW combined-cycle power plant built on a BOT basis in Changzhou City, Jiangsu province, in eastern China. The project was being undertaken by Sithe Energies which will operate the plant for 20 years. The power plant was owned by Sithe China Holdings (80%), Changzhou City Power General Industry (10%) and Changzhou High-Tech Zone General Co. (10%). Sithe China Holdings is a subsidiary of Sithe Energies Inc. Sithe sold its share in the project in 2002 to undisclosed buyers. The total project cost was about $20.3 million, an amount that was arranged by Marubeni in March 1997. The power plant was scheduled to start its commercial operations in 1998. The 20-year concession involves a power purchase agreement with the Changzhou Power Company (Changzhou Investment Trust), the local power company. None None

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