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Gezhouba wins 1.14b yuan hydropower contract

By Tong Hao (chinadaily.com.cn)
Updated: 2009-03-04 18:27

China Gezhouba (Group) Corp, one of country's biggest engineering and construction companies, has won a bid worth 1.14 billion yuan ($167 million) for a hydropower plant in Tibet autonomous region, the biggest contract the company has won in its history.

Gezhouba's subsidiary No 5 Engineering Co Ltd will provide concrete and aggregate processing services for the Zangmu Hydropower project, the company said on its website.

The company will be responsible for designing, constructing and running the project that supplies 3.4-million cu m of concrete and 8-million-ton aggregate for the water power station. The project is expected to last until the end of December 2015.

Invested by Tibet Power Generation Co Ltd of China Huaneng Group, the country's top power generator, the Zangmu Water Power Station is located in the middle reach of the Brahmaputra River.