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11.515 Billion Yuan! CGGC Signs the EPC Contract for Indonesian Hydropower Project
Date:2020-05-28 VisitCount: Font size:[ L M S ]

Recently, CGGC and Indonesia Dafeng Heshun Energy Industry Co., Ltd. successfully signed the EPC Contract Agreement for Indonesian DATA DIAN 1200MW Hydropower Project Phase I, with the contract amount of about RMB 11.515 billion yuan. The successful signing of the Project is an important result of CGGC’s active participation in building the “Belt and Road” Initiative and proactive connection with Indonesia's "Global Ocean Support Point" strategy, injecting new impetus into China and Indonesia's investment and construction in key areas such as infrastructure.

Signing scene

The Project is located in Northern Kalimantan Province of the Central Indonesian "Regional Comprehensive Economic Corridor", about 350 km away from the New Capital Special Administrative Region by road. The installed capacity of the Project is 1200MW, and the average annual power generation is 7770GWh. The main works include the design, procurement, construction, commissioning and trial operation of RCC gravity dam, flood discharge building, diversion building, access road, diversion tunnel, power plant house, etc.

The Project will give full play to the abundant advantages of hydropower resources and rich mineral resources of Kalimantan Island and surrounding islands in Northern Kalimantan Province, and provide power supply for the construction of industrial parks with advanced metal smelting as the leading industry in such areas as Tanjung Selor, making North Kalimantan Province Indonesia's "energy and mining" portal, and promoting smooth local trade and social and economic development.

During the critical period of COVID-19 outbreak, CGGC has implemented strict epidemic prevention and control policies while focusing on production and operation, strengthened the judgment of the peripheral environment and the international situation, enhanced confidence and acted actively with innovative working methods, successfully promoting the signing of the Project.

Indonesia is an important fulcrum of the "Belt and Road" construction. CGGC will adhere to the principle of extensive consultation, joint contribution and shared benefits, build the “Belt and Road” with high quality, and continuously participate in the construction and investment in various fields such as water conservancy, hydropower, thermal power, highway, port and channel, and industrial park in Indonesia, making positive contributions to the improvement of friendship between China and Indonesia and enhancement of people's livelihood.

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