PowerChina is a global energy development corporation specializing in the engineering, procurement, and construction (EPC) of renewable energy projects. The company's main services include the development and construction of solar power, wind power, tidal power, geothermal power, tidal current energy, and wave energy projects. PowerChina primarily serves sectors that require large-scale renewable energy infrastructure. It is based in Beijing, Beijing.
Latest PowerChina News
Feb 9, 2024
Kore Potash says PowerChina delivers draft Kola contract February 09, 2024 at 03:00 am EST Share (Alliance News) - Kore Potash PLC said on Friday PowerChina International Group Ltd had delivered the draft engineering, procurement and construction contract for its Kola project on Tuesday. This comes after Kore early in August 2023 said it had entered into a revised agreement that will see SEPCO Electric Power Construction Corp, a subsidiary of PowerChina, provide the company with an engineering, procurement and construction contract. Shares in Kore surged 23% to 16 rand cents on Friday morning in Johannesburg. They remained flat at 0.6 pence in London. The London-based owner of the Kola and DX potash projects in Republic of Congo said on Friday the initial engineering, procurement and construction contract price aligns with expectations and reconfirms the capital cost. The optimisation study, concluded in June 2022, indicated capital cost for the Kola project was USD1.83 billion. On Friday, Kore said it and PowerChina will now further negotiate the engineering, procurement and construction proposal and draft the contract. It expects signing full engineering, procurement and construction contract documentation by the end of April. The Summit Consortium has said the financing proposal for the total construction cost of Kola will be provided to the company within six weeks of the finalisation of terms of this documentation. The consortium is an investment group that represents investors and engineering firms. By Artwell Dlamini, Alliance News reporter
PowerChina Frequently Asked Questions (FAQ)
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PowerChina's headquarters is located at No. 9 Linglong Road, Beijing.
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Competitors of PowerChina include BPHL and 4 more.
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