German firm wins power job
GERMAN engineering and construction company Deutsche Babcock Energie is to supply boiler equipment worth more than US$100 million to a power plant in Beijing, the state-run China Daily reports.
Some of the equipment for the four billion yuan (about HK$5.4 billion) plant will be co-produced in China, according to an official at the plant's contractor, China Huaneng International Power Development Corp.
The official said the two 140 megawatt and two 180 MW turbo-generators for the plant might be imported from Russia. The plant is due to be completed in 1996.
The nationwide policy of rotating power cuts would probably be stepped up this year, the official Economic Daily reported, adding that Beijing's electricity generating shortage last year amounted to 600 MW.
China's current five-year plan seeks to increase capacity by nine per cent a year to 200 gigawatts by 1995, and has turned to foreign investors, such as Hongkong's Hopewell Holdings, to help build capacity.