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Zhejiang Southeast Electric Power

Sector: Power Generation (CCGT) • Location: Zhejiang, 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

Status
Prospective
Sector
Power Generation (CCGT), Hydro, Government
Location
Zhejiang, China
Updated
22 Jul 2026
Source
World Bank Group

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

Participants

Sponsoring Agency

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

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

Original sector

Energy

Budget

Location

Country

China

State

Zhejiang

Source

Source reliability

High

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Power Generation (CCGT), Hydro, Government

Article published date

2023-02-20

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