Fuchunjiang Hydropower Wins $38.514M Vietnamese Contract

Resource from: CBCC Likes:2962

Nov 25,2011

Zhejiang Fuchunjiang Hyoropower Equipment (002266) and China Institute of Water Resources and Hydropower Research jointly won a contract to supply electromechanical equipment for Vietnam's Xekaman1 power station. The contract is worth $38.51 million and 9.9 billion Vietnamese dong, equivalent to 26.79 percent of Fuchunjiang Hyoropower Equipment 2010 operating revenue. The equipment is scheduled to be delivered within a 27-month period after the contract becomes effective. The company said it is the first time that it received an overseas order for medium and large-scale electromechanical equipment.

(CBCC)

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