An American company-led consortium has contracted to build the second-phase expansion project for a key thermal power plant in central China’s Hunan province. The consortium consists of American Babcock & Wilcox (which leads the group), Beijing Babcock & Wilcox and the China Machinery Import and Export Company, which won the contract for the boiler section of the expansion of Leiyang Power Plant with a bid of 75 million US dollars. With a total investment of USD 343 million, the project will use a World Bank loan of USD 200 million. The expansion, a key project in the drive to develop the province’s electricity capacity, involves installation of two generators of 300,000 kw capacity each. The construction will start before the end of this year and the first of the two generators will go into operation in 2003.
