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The Fengman hydropower station originally built in 1937 on the Songhua River in Jilin Province is one of the oldest hydroelectric facilities of China. It has been reconstructed with a total installed capacity of 1.48GW to eliminate safety hazards and provide better flood control.
The Fengman hydropower station originally built in 1937 on the Songhua River in Jilin Province is one of the oldest hydroelectric facilities of China. It has been reconstructed with a total installed capacity of 1.48GW to eliminate safety hazards and provide better flood control.
The £1.04bn ($1.33bn) reconstruction project was executed by State Grid Xinyuan Company, a subsidiary of State Grid Corporation of China (SGCC), in collaboration with Jilin Provincial Government and the Songliao Committee of the Ministry of Water Resources.
A review to determine the additionality of the project activity through an assessment of the investment analysis, in particular, the tariff applied as there are concerns whether the applied tariff can be considered appropriate to assess the additionality of the proposed CDM project activity. Additional information will therefore be sought regarding the tariffs applicable to similar projects, based on available information sources such as national or local guide prices and tariff notifications, and the reasons for the reductions in tariff where reductions have occurred, in particular, whether any reduction reflects a change in the costs of investing in and operating such projects and other changes or whether it impacts the economic viability of such projects.
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We have a flexible working group structure, depending on the current regulatory and market issues.
