Trade Resources Market View Construction Began on Sichuan Province's First Large-Scale Gas-Fired Power Station

Construction Began on Sichuan Province's First Large-Scale Gas-Fired Power Station

INTERFAX-CHINA reported that construction began on Sichuan Province's first large-scale gas-fired power station last week, but analysts warned that the high price of feedstock gas means the USD 800 million project may struggle to turn a profit.

According to Hu Song, an energy official with the Dazhou branch of the National Development and Reform Commission, the project in northeast Sichuan's Dazhou City will require total investment of CNY 5 billion (USD 801.44 million) for the installation of four 350 MW units.

Source: http://www.steelguru.com/chinese_news/Sichuan_breaks_ground_first_large_scale_gas_power_project/296213.html
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Sichuan breaks ground first large scale gas power project
Topics: Metallurgy