POWERCHINA forges ahead with innovative intl business models

POWERCHINA has set up new concept of "high-end entry, planning ahead, advanced technology, high quality, risk control, efficiency protection, open cooperation, mutual benefits, and win-win results" to participate in the Belt and Road construction.

POWERCHINA has actively explored models of bundling resources, engineering, financing, investment, and operations, accumulating a comprehensive ability to develop a wide range of projects.

It has also explored various modes of cooperation such as contracting, equity investment, direct investment, build-transfer (BT), and build-operate-transfer (BOT) partnerships and has jointly developed third-party markets through industry and finance integration, capital operation, and mergers and acquisitions.

POWERCHINA has showcased excellent abilities in innovating international business models.

Following the pulse of the market depending on the individual project, POWERCHINA has successfully promoted the first seller export credit EPC project with the Taleghan Hydropower Station in Iran, Africa's first large-scale mixed loan project with the Buwei Hydropower Station in Ghana, and the first single unit contract hydropower project in Latin America with the Coca Codo Sinclair Hydropower Station in Ecuador.

Meanwhile, it has also promoted the first financing project in a country that has not established diplomatic relations with China with the Patuca hydropower station project in Honduras.

It has signed the loan agreement for the first investment project utilizing preferential buyer's credit with the Hwange coal-fired power station in Zimbabwe.

An aerial view of the Manvelle Hydropower Station in Cameroon. [Photo/POWERCHINA]