Guangdong Shaoguan Junyuan Hydropower Development Co. Ltd
Junyuan Hydropower Development Co.Ltd was founded in 2003 by Singapore Evernal Energy (Pte) Ltd,holding 65% equity, Guangdong Fangsha Group,holding 25% equity;and Foshan HuaHeng Petrochemical Co.Ltd,holding 10% equity.The gross investment was RMB 140 million,and the registered capital was RMB 52 million.It is located in the Ruyuan County of Shaoguan,Guangdong Province.
The Qixingdun Hydropower plant is one of the power stations planned in the Wushui of Shaoguan.Three dams,of 4MW installed capacity,are used for reservoir filling and power generation and are located upstream of the North River in Guangdong Province.This is a multipurpose dam project,with the main objectives being for power generation,flood control and sediment reduction,as well as water supply and irrigation of farm lands enabling agriculture outputs throughout the year-even in the areas where there is little or no rainfall.Improved navigability on the river also allows much larger ships to gain access and to aid the burgeoning domestic and export trades.
This hydropower plant utilizes the kinetic and potential energy of the water flowing in the river,and enables generation by a combination of the constant rain cycle and the abrupt topography of the earth.Since no fuel is expended, the cost of the electricity subsequently produced is more or less constant and no air pollution has been created, thus keeping the surrounding atmosphere clean and healthy for living.Since the demand for power is not constantthroughout the day,the hydropower plant can be easily started and stopped without consuming much time.Hydropower plants tend to have longer economic lives than fuel-fired generation,with some plants now in service having been built 50 to 100 years ago. Labour cost also tends to be low since plants are generally extensively automated and require few personnel on site during normal operation.
The hydropower plant was operational in 2005 and generated 203 million kWh of power.Since then,efficient operating management has produced increased operation production year after year;and the asset-liability ratio is under 25%. The project will recover all capital invested in the next 3 years,which is an outstanding hydropower investment project. The total asset value is approximately RMB 240 million.
Junyuan Hydropower Development Co.Ltd was founded in 2003 by Singapore Evernal Energy (Pte) Ltd,holding 65% equity, Guangdong Fangsha Group,holding 25% equity;and Foshan HuaHeng Petrochemical Co.Ltd,holding 10% equity.The gross investment was RMB 140 million,and the registered capital was RMB 52 million.It is located in the Ruyuan County of Shaoguan,Guangdong Province.
The Qixingdun Hydropower plant is one of the power stations planned in the Wushui of Shaoguan.Three dams,of 4MW installed capacity,are used for reservoir filling and power generation and are located upstream of the North River in Guangdong Province.This is a multipurpose dam project,with the main objectives being for power generation,flood control and sediment reduction,as well as water supply and irrigation of farm lands enabling agriculture outputs throughout the year-even in the areas where there is little or no rainfall.Improved navigability on the river also allows much larger ships to gain access and to aid the burgeoning domestic and export trades.
This hydropower plant utilizes the kinetic and potential energy of the water flowing in the river,and enables generation by a combination of the constant rain cycle and the abrupt topography of the earth.Since no fuel is expended, the cost of the electricity subsequently produced is more or less constant and no air pollution has been created, thus keeping the surrounding atmosphere clean and healthy for living.Since the demand for power is not constantthroughout the day,the hydropower plant can be easily started and stopped without consuming much time.Hydropower plants tend to have longer economic lives than fuel-fired generation,with some plants now in service having been built 50 to 100 years ago. Labour cost also tends to be low since plants are generally extensively automated and require few personnel on site during normal operation.
The hydropower plant was operational in 2005 and generated 203 million kWh of power.Since then,efficient operating management has produced increased operation production year after year;and the asset-liability ratio is under 25%. The project will recover all capital invested in the next 3 years,which is an outstanding hydropower investment project. The total asset value is approximately RMB 240 million.
