Brief Profiles Of Investment Projects
For China's Agenda 21

 

Title Construction of a Wind Power Station
Type New project
Description
A wind power station will be constructed in Laizhou City, Shandong Province. The project will be completed in two phases. The first phase is intended for demonstration and training. A wind powered generator with a capacity of 30/50 kW (10kv) will be purchased and installed. After demonstration and testing, in the second phase 40 wind powered generator will be installed with a capacity of 300 kW (10kv). The second phase is expected to be completed one year after completion of the first phase.
Rationale
Laizhou City is characterized by strong and consistent wind, which represent a valuable and renewable energy resource. The construction of a wind power station is very suitable for this region and has the advantages of lower investment and operating cost (compared with conventional power sources) is relatively easy to construct and produces no pollution. The shortage of electricity is a serious problem in China, and Laizhou is no exception. The current insufficiency of electricity in Laizhou is 67.5 million kWH per year. The construction of the wind power station can contribute to solving the problem of the problem of the shortage of electrical power in Laizhou.
Outputs
Electricity: Capacity 33 million kWH per year.
Location Laizhou City, Shandong Province
Available Information Pre-Feasibility Study
Total Investment (US$)

12.8 million

Foreign Currency (US$)

11.1 million

Financing

Co-operation Sought

Total Equity (US$)

4.51 million

Joint Venture

Of which Equity Foreign Partner (US$)

3.34 million

Equipment Purchase

Loan (US$)

8.29 million

Others(specify) (US$)
Indicators of Viability Estimated Annual Revenue: US$ 3 million

INFORMATION ON SPONSOR

Name Laizhou Electricity Power Company Tel +86-535-2211402
Address Laizhou city, Shandong province Fax +86-535-2211402
Annual Turnover (US$) 1993 15 million 1994 17 million 1995 20 million
Year of Establishment 1984 No. of Employees 1250 Ownership State
Fixed Assets (US$) 180 million Registered Capital (US$) 3.5 million
Land (ha.) 202.23 Building (m*m) 114,566 Equipment (US$) 15 million

 


Text Browser Utilities: [Contents Home Page]