Chengdu Cogeneration Project
Sector: Natural Gas • Location: China
Source: World Bank Group
In early 2000, Enron acquired a 51% stake in the project company which owns a coal-fired cogeneration plant in Chengdu. Enron paid US$ 56.5 million for its equity investment. Additional investment of US$277 million was directed to the project to convert the existing coal-fired plant into a natural-gas fired unit. The 142 MW first phase of this project started operating in Oct. 1999, while works on
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | In early 2000, Enron acquired a 51% stake in the project company which owns a coal-fired cogeneration plant in Chengdu. Enron paid US$ 56.5 million for its equity investment. Additional investment of US$277 million was directed to the project to convert the existing coal-fired plant into a natural-gas fired unit. The 142 MW first phase of this project started operating in Oct. 1999, while works on the second phase were scheduled to start in 2000 (financial closure for the second phase was achieved in Oct. 2000). Electricity of the plant is sold to the Sichuan province power grid and Chengdu's industrial users. In December of 2002, the private Linfeng Group signed an agreement with Enron to purchase its 51 percent stake for US$50 million. Two firms under the Linfeng Group, the Chengdu Linfeng High-tech Industrial Investment Co. Ltd. and the Hong Kong China Group Enterprise Co. Ltd., held 26 percent and 25 percent of the shares respectively. None None |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |