China Gezhouba Group Corp. has won a 1.14 billion renminbi (US$167 million) contract to build the 510-MW Zangmu hydroelectric project in China’s Tibet Autonomous Region, the official China Daily reported.
The contract, from China Huaneng Group’s Tibet Power Generation Co. Ltd., calls for China Gezhouba to design and build the project on the middle reach of the Yarlung Zangbo River. The contract is to run through December 2015.
China Gezhouba subsidiary No. 5 Engineering Co. Ltd. is to provide concrete and aggregate processing services for Zangmu.
China Daily quoted regional Gov. Qiangba Puncog saying Zangmu is expected to begin construction in 2009. It is to have a total cost of more than 7 billion renminbi (US$1 billion).
Puncog said the regional government plans to build several large hydroelectric projects on the Yarlung Zangbo, Nujiang, Lancang, and Jinsha rivers to help ease Tibet’s electricity shortage with clean hydropower.
China Daily also reported March 6 that China pledged to spend 15 billion renminbi ($2.19 billion) over two decades to protect the environment in Tibet, considered to be at risk from global warming. The money would fund projects to preserve grasslands, woods, and wetlands; protect endangered animals; grow forest shelter belts to protect against gales; and expand clean energy, Puncog said.