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Wudongde Hydropower Station receives 23.5 billion yuan in financial guarantee
Seetao 2020-08-11 09:24
  • The hydropower station is the backbone of the West-East Power Transmission, with a total installed capacity of 10.2 million kilowatts
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Recently, seetao.com learned that during the construction of the Wudongde Hydropower Station, the Export-Import Bank’s head office and branch offices, the corporate customer department of the head office and the Yunnan branch worked together to approve a loan of 23.5 billion yuan to provide solid financial guarantee for the project. .

This tens of millions of kilowatts hydropower station financed by the Export-Import Bank is the backbone of the West-East Power Transmission Project, with a total installed capacity of 10.2 million kilowatts. The installed capacity is fourth in China and seventh in the world. A total of 12 hydro-generator units with a unit capacity of 850,000 kilowatts have been installed in the power station, which is the largest hydro-generator unit currently in operation in the world.

Wudongde Hydropower Station is located at the junction of Luquan County, Kunming City, Yunnan Province and Huidong County, Liangshan Prefecture, Sichuan Province. The completion of Wudongde Hydropower Station is of far-reaching significance to the promotion of China’s energy structure adjustment, the construction of the Yangtze River Economic Belt and the coordinated development of regional economies. China's capacity cooperation with countries along the Belt and Road has provided strong support.

In the next step, the Export-Import Bank will continue to play its role, focus on the construction of major national projects, increase financial support, and make positive contributions to the high-quality development of China's economy and society. Editor/Tian Zengpeng

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