Sembcorp's Chongqing power plant commences operation in China
It's the group's second 660MW unit.
Sembcorp steadily expands its overseas operations with the full commercial operation of its second 660MW power plant in Chongqing, China.
The group said this is its second power plant with such capacity overseas, with the first unit being completed in November last year. More so, the group said the $966.5m power plant is one of the most efficient power plants in Chongqing.
The power plant was developed by a joint-venture deal between a subsidiary of the group and a subsidiary of Chongqing Energy Investment Group, which is owned by the Chongqing municipal government.
According to OCBC Investment Research, the group's presence now spans 15 provincial regions after having invested in China for over two decades.