China Power’s Rizhao Wind Power signs CNY 176.2 million consulting contract for Rizhao offshore wind project investment decision

Reuters
Mar 18
<a href="https://laohu8.com/S/02380">China Power</a>’s Rizhao Wind Power signs CNY 176.2 million consulting contract for Rizhao offshore wind project investment decision

China Power’s indirect wholly owned subsidiary Rizhao Wind Power signed a comprehensive consulting services contract with Shandong Institute for the Rizhao offshore wind power project. The contract value is CNY 176.2 million and covers regulatory coordination and preparation of project reports. Rizhao Wind Power will make a 10% prepayment after Shandong Institute provides a performance bond. The remaining payments will be made after approvals including the marine environmental impact assessment and the right to use sea areas.

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