Brief Profiles Of Investment Projects
For China's Agenda 21

 

Title Guizhou Panbei Gangue Power Station
Type New power plant construction
Description
A 2 x 24 MW gangue power plant will be constructed in Panjiang county, Guizhou province to utilize the waste ganggue discharged from the Panbei Coal Washery. The plant will include QF2-12-2 generator, N12-4.43 turbine, and M2-65/3.82-M boiler. The plant will be connected with the national electric grid, but will use the power generated for internal purpose. Land for construction of the plant has been sited and approved by the local government.
Rationale
The Panbei Coal Washery of the Panjiang Mining Administration discharges gangue in the amount of 438.88 kt annually which results in serious environmental pollution and resource waste. Arable land occupied by gangue wastes will be reclaimed and the use of additional land to store these discharges will be saved. A serious pollution problem will be eliminated, while deriving additional energy from the avoided waste.
Outputs
Electricity generation: 144 million kWH per annum; Electricity sales: 126 million kWH per annum
Location Special development district of Panjiang county, Guizhou province
Available Information (Pre)feasibility Study, Detailed Project Description, Technical Report, Market Study.
Total Investment (US$)

12 million

Foreign Currency (US$)

Financing

Co-operation Sought

Total Equity (US$)

6.1 million

Cooperative Venture

Of which Equity Foreign Partner (US$)

2.4 million

Equipment Purchase,

Loan (US$)

5.9 million

or BOT

Others (specify) (US$)
Indicators of Viability Annual Profit and Tax: US$ 3.1 million; Pay-back period: 6 years.

INFORMATION ON SPONSOR

Name Panjiang Coal Mining Administration Tel +86-8262-222292
Address Panjiang county, Guizhou province Fax +86-8262-222383
Annual Turnover (US$) 1993 61 million 1994 72 million 1995 65 million
Year of Establishment 1966 No. of Employees 25396 Ownership State
Fixed Assets (US$) 118.14 million Registered Capital (US$)
Land (ha.) 473 Building (m*m) 271,032 Equipment (US$) 21,810,000

 


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