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Nanjing City Power Plant

Sector: Power Generation (CCGT) • Location: China

Source: World Bank Group

Project
Active

The Nanjing City power plant's capacity is 72-MW. Construction began in April 1996 and was completed in early 1997. Power is sold to local communities. The joint venture is between Coastal Power Production (80%), Nanjing Power Generating Set Corp. and Nanjing City Zibei Power Plant. The project was financed entirely out of equity. In 1999, MIGA provided an US$20.7 million guarantee to cover the

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The project “Nanjing City 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

The Nanjing City power plant's capacity is 72-MW. Construction began in April 1996 and was completed in early 1997. Power is sold to local communities. The joint venture is between Coastal Power Production (80%), Nanjing Power Generating Set Corp. and Nanjing City Zibei Power Plant. The project was financed entirely out of equity. In 1999, MIGA provided an US$20.7 million guarantee to cover the investment risk exposure of the project company. In 2001, El Paso Corporation acquired Coastal Power along with Coastal's 80% stake in Nanjing City Power Plant. In 2005 El Paso Corporation sold its investments in power plants in China to GP China Limited, a subsidiary of Malaysian Genting Group. None None

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Source

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High

Data quality score

100%

Source

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URL

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