CHN Energy Launched Another 19 Key Projects

On September 27, CHN Energy launched its second group of key projects for 2022, with 19 projects covering areas such as coal, transportation, chemical industries, coal-fired power, hydropower and new energy, with a total investment exceeding 73 billion yuan.

These projects are distributed throughout 11 provincial-level regions, covering CHN Energy’s main industrial sectors. The clean and efficient coal-fired power, hydropower and new energy used in the projects has a total installed capacity of 13.67 million kilowatts. Hydropower and new energy accounts for 56% of the total investment and 44% of the total capacity. This new group of projects is noteworthy for its large investment, geographic advantages, economies of scale and ability to serve as an example for future projects of its kind. By launching this group of key projects, CHN Energy demonstrates the determination and confidence to carry out the mission of a central state-owned enterprise, to implement the spirit of President Xi Jinping’s key instructions in depth, to follow the major strategic decision made by the Central Committee of the Communist Party of China and the State Council to strengthen infrastructure construction in an all-round way, and to contribute to the stability of the macro economy. CHN Energy expresses its hope for a successful convening of the 20^th National Congress of the Communist Party of China by practical actions.

In May of 2022, CHN Energy initiated its first group of key projects for the year, including onshore new energy bases, offshore wind power farms, large-scale hydropower stations, coal-fired power plant expansion and upgrading, and natural gas power projects, with a total capacity of 12.38 million kilowatts and a total investment of 86.1 billion yuan.