CN-Yangzhou Thermal Power

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The main objectives of the Yangzhou Thermal Power Project are to: (a) support power subsector reforms at the provincial level, through development of Jiangsu Provincial Electric Power Company (JPEPC) as an autonomous company; (b) contribute to further rationalization of power tariffs; (c) promote the use of modern financial management techniques in transforming JPEPC's accounting system; (d) provide cost-effective and environmentally sustainable generation capacity to alleviate an acute shortage of power and improve the quality of the power supply; (e) assist in transferring modern technologies for large coal-fired power plants, and in strengthening institutional capabilities for environmental management and monitoring; and (f) extend technical assistance in management development and staff training program. The project consists of: (a) construction of a coal-fired thermal power plant with two 600-MW generating units and associated equipment; (b) erection of two 500-kV transmission lines (about 30 km long) and reinforcement of the existing power transmission network; (c) provision of engineering and construction management services; (d) extension of technical assistance for the development and implementation of improved accounting and financial management information systems; (e) carrying out of environmental management and resettlement programs; and (f) undertaking of management development and staff training.