The Nigerian Minister of Electricity led a delegation to visit China, working with Chinese companies to connect the investment and financing chain of power projects, and promote the coordinated development of power infrastructure and local industries.

Nigerian Electricity Minister Tegebe led a delegation to visit Beijing and held talks with several Chinese engineering and financial equipment companies to accelerate the implementation of the President's Electricity Initiative project. Collaboration has moved away from the traditional EPC model and towards the integration of investment, financing, technology, and industry. The delegation went to Changsha to inspect the acceptance testing of cable equipment and also coordinated with China Export&Credit Insurance Corporation and Standard Chartered Bank to implement project financing.

The Nepalese side hopes to expand the transmission network and attract Chinese investment in industries such as steel, automotive data centers, etc., to match industrial loads with new electricity and create a closed loop in the power industry. China and Nepal will establish an industrial cooperation platform to assist local industrialization. The business of Chinese enterprises will also expand from engineering contracting to full chain cooperation.Editor/Min Jing