Chinese Firm Offers To Set Up Power Plants In Shortest Time

Dongfang Electric Corporation (DEC) of China has come forward to set up a 660-1,000 Mw power generation facility in Telangana in the shortest time possible.

A high level delegation from Dongfang Electric Corporation (DEC) of China met the Hon’ble Chief Minister Sri. K. Chandrashekar Rao today at Secretariat.

The delegation consists of Mr. Han Zhiqiao, President DEC International and Chairman DEC India, Mr. Liang Jian, Managing Director, DEC India, Dr. Zhang Hong, General Manager (Thermal) DEC International China, Mr. Zhang Chengli, Mr. S.K. Bhan DEC Representative in India.

DEC is the world’s largest power equipment manufacturers and are based at Chengdu, Sichuan, China. Their main business has been power equipment manufacturing and power projects contracting. They have their business base in more than 30 countries and in more than 100 projects.

DEC has expressed its keen interest to participate in the Government of Telangana’s efforts to add power generation capacity in the shortest time possible and in an effective way. The delegation assured the Chief Minister that the Government of Sichuan Province will actively support DEC’s business with Telangana for power projects. The delegation even assured that project finance will be arranged on mutually agreed terms and conditions.

Hon’ble Chief Minister inquired about Chinese way of life, business systems, farm productivity, power production, and Information Technology industry in China.

Sri. S.K. Joshi, Principal Secretary, Energy and Sri Rajashekar Reddy Special Secretary to Chief Minister were also present in the meeting.