Shenyang Huitian Thermal Power Co., Ltd. announced plans to invest in the construction of a long-distance interconnection heating project supporting Quansheng Thermal Power, with a total planned investment of approximately 1.405 billion yuan, tax inclusive. The project includes a zero-level network, a primary network, and a 1,075-megawatt pressure isolation station, with a total pipeline excavation length of 38.648 kilometers, traversing the main urban areas of Yuhong District, Tiexi District, and Heping District in Shenyang. The project is scheduled to be commissioned simultaneously with the Quansheng Thermal Power project, with funding sourced from the company's own capital. It aims to transport heat generated by the Quansheng Thermal Power project to Tiexi District and Heping District, forming a combined heat and power generation heating model, filling the heating gap after boiler shutdowns, reducing heating costs, and improving operational efficiency. The project still requires approval from the shareholders' meeting and faces risks including raw material price fluctuations, capital liquidity, engineering construction, and environmental compliance.
Shenyang Huitian Thermal Power Co LtdPlans to invest 1.405 billion yuan in a heating project, expanding operations and improving efficiency.
