Brief Profiles Of Investment Projects For China's Agenda 21

Title	IGCC Application in the Shenzhen Power Plant
Type	Technical renovation
Description
An Integrated Gasification Combined Cycle (IGCC) unit will be developed in the Shenzhen Yueliangwan Power Plant. A 1300 t/day coal gasifier with relevant auxiliary facilities and a coal gas purification system will be constructed. The present distillate burning gas turbine combined cycle will be converted to use syn-gas as the main fuel and distillate as the auxiliary fuel. The gasification system and modified combined cycle will be integrated into the IGCC unit.
Rationale
The emission of air pollutants will be significantly reduced as compared with that of the existing oil burning unit. Implementation of this project will increase electricity generation by about 12 MW and operating efficiency will be increased to 38%.
Outputs
Incremental electrical power generation: 12 MW
Location			Nanshan district, Shenzhen city, Guangdong province
Available Information			(Pre)Feasibility study by SUNIC company of U.S.
Total Investment (US$)			80 million			Foreign Currency (US$)
Financing							Co-operation Sought
Total Equity (US$)					55 million		Joint Venture
Of which Equity Foreign Partner (US$)					30 million		Cooperative Venture
Loan (US$)					25 million
Others(specify) (US$)
Indicators of Viability				Capital recovery Period: 5 years; Pay-back Period (new investment): 3 years

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