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Xinjiang Tianshan Cement (000877.SZ): Mpande Company intends to sign a BOO contract with Sinoma Energy Conservation.
Gelonghui, March 26 - Xinjiang Tianshan Cement (000877.SZ) announced that its holding subsidiary, Sinoma Cement Co., Ltd. (referred to as "Sinoma Cement"), under its subsidiary Mpande Limestone Limited (referred to as "Mpande Company"), plans to respond to the development needs of green low-carbon and energy structure transformation, practice green sustainable development, and alleviate production impacts due to insufficient power supply. Mpande Company intends to sign the "CNBM Zambia Industrial Park Green Energy Supply Cooperation Project (Waste Heat...
Sinoma Energy Conservation (603126.SH): plans to invest in the construction of a waste heat power station and a Photovoltaic Power Station.
On March 26, the company announced that Sinoma Energy Conservation (603126.SH) aims to implement its Global Strategy for international development, accelerate the integration of its operations in international and green low-carbon projects, and strengthen its clean Energy business Sector. The company plans to sign a "BOO Contract for Waste Heat Power Generation" and a "BOO Contract for Photovoltaic Power Generation" with Mpande Company, affiliated with Xinjiang Tianshan Cement. The company will be responsible for investing in, constructing, owning, and managing the waste heat power station and Photovoltaic Power Station within the CNBM Zambia Industrial Park, while Mpande Company will lease land to Sinoma Energy Conservation, purchase electricity, and pay the electricity fees.
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