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The Waste Heat Power Generation BOT Contract Signed between Sinoma Energy Conservation Ltd. and Qunjin Kungangjihua Company

PublishDate:2010-08-17 Source:

A few days ago, the low-temperature waste heat power generation BOT contract for 4000t/d clinker production line was officially signed between Sinoma Energy Conversation Ltd. and Qunjin Kungangjiahua Cement Company. According to the contract, Sinoma Energy Conservation Ltd. has the project concession, is in charge of the power station investment, construction, running and maintenance, and entitled with the investment payoff and investment return. When the concession comes due, the power station will be turned over to Qujin Kungangjiahua Cement Company without paying.

It is reported that Sinoma Energy Conservation Ltd. won the bidding among the 6 companies in the intense public bidding of the waste heat power generation BOT project for 4000t/d clinker production line organized by Qujin Kungangjiahua Cement Company in April. Winning the bidding fully shows the general strength of Sinoma Energy Conservation Ltd. in such aspects as waste heat power generation technology research and development, project construction, operation and management, performance and contribution, financing and investment.

Signing the contract realizes the strong-strong union, facilitates the efficiency of energy saving and emission reduction, enhances the business development and social contribution of Sinoma Energy Conservation Ltd., and finally reaches the mutual beneficial win-win situation.

The Qujing Kungangjiahua project is the first waste heat power generation BOT project in Yunnan province of Sinoma Energy Conservation Ltd. After putting into production, annually power generation utilizing waste gas can reach 50,000,000 degrees, saving coal 20,000 tons, CO2 emission reduction reaches 50,000 tons, and having better economic benefits, social benefits and environmental benefits.

Qujing Kungangjiahua Cement Company is established by Kungang Group and Hongkang Jiahua International Group together, belonging to China-Hongkang joint venture. Kungang Group is a national extra large-sized industry corporation and among the top 500 in china, the largest steel- iron joint production base. The Hongkang Jiahua international Group is also a multinational marketing enterprise with diverse business activities.