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Again TEPC got shortlisted of 2019 TOP 10 Power project contacting amount overseas by Chinese Companies
Date:2020-03-25 VisitCount: Font size:[ L M S ]

  According to the China Chamber of Commerce for Import and Export of Mechanical and Electrical Products (abbr. CCCMB), Power China TEPC got shortlisted again with an outstanding performance of USD 1.226 billion in contract amount (data for 2019), and its ranking rose from 18th last year to 8th. The annual contracted amount of overseas thermal power projects in China's power industry was shortlisted among the top 10, ranking 5th, with a contract amount of USD 1.226 billion.
  It indicated that TEPC’s international business has further strengthened its competitiveness and industry influence, and has taken another important historic step in its journey to become an international engineering contractor.
  In 2019, Chinese power companies who participated in the bidding (negotiation) of overseas power projects eventually signed 563 contracts. The total contract value was USD 47.20 billion, a year-on-year increase of 1.1%. The total capacity of power generation to be installed in the contract signed is 43.479 million kW.
  In this list, CGGC International, China Energy, Guangdong Power Engineering were ranked in the second, third, and tenth of the top ten mainland Chinese companies. The contract value respectively was USD 5.110 billion, USD 4.563 billion, and USD 985 million (data for 2019).
  CCCMB was established in July 1988. It is a non-profit national industrial social organization voluntarily formed by various organizations related to economy registered in the People's Republic of China in accordance with the law. It engaged in the production, import and export of mechanical and electrical products and related activities.


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