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Zhejiang Southeast Electric Power

Sector: Hydro • Location: China

Source: World Bank Group

Project
Active

Zhejiang Southeast Electric Power generates electricity for Zhejiang Province. The company had an installed capacity of 1080 MW by October 1997. The company was partially privatized in October 1997 when it sold a 31% stake for $238.7 million through an issue of 690 million Shanghai Class B share. The issue was placed on both Shanghai and London stock exchanges. Part of the proceeds will be used t

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The project “Zhejiang Southeast Electric Power” is an infrastructure initiative in the Hydro sector, located in China. Taiyo aggregates data on it from World Bank Group.

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Participants

Sponsoring Agency

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Company

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Status

Original status

active

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

Zhejiang Southeast Electric Power generates electricity for Zhejiang Province. The company had an installed capacity of 1080 MW by October 1997. The company was partially privatized in October 1997 when it sold a 31% stake for $238.7 million through an issue of 690 million Shanghai Class B share. The issue was placed on both Shanghai and London stock exchanges. Part of the proceeds will be used to buy the Xiaoshan power plant (250 MW) and to complete the construction of the eighth unit at Taizhou power station. The rest of the funds will be used to pay off debts. None None

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Original Currency

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Original budget

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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