On December 23, Gelonghui reported that CH ENERGY ENG (03996.HK) announced that recently, its subsidiary CHINA POWER ENGINEERING CONSULTING GROUP EAST CHINA ELECTRIC POWER DESIGN INSTITUTE CO., LTD. ("East China Electric Power Design Institute") and CH ENERGY ENG Group Jiangsu Electrical Utilities Construction First Engineering Co., Ltd. ("Jiangsu Electrical Utilities Construction First Engineering") formed a consortium and won the bid for the EPC general contracting section of the 3×660MW ultra-supercritical coal-fired Generator replacement and expansion project of Jiangsu Changshu Power Generation Co., Ltd. ("the project"), with a bid amount of approximately RMB 6.92868 billion. The total construction period for the project is about 48 months.
As of the date of this announcement, the East China Electric Power Design Institute and Jiangsu Electrical Utilities Construction First Engineering have not yet officially signed a contract with the project owner, and there is still uncertainty regarding this project, please be cautious of investment risks.
