Ansaldo Energia has signed a contract worth US$68.44mn with Shanghai Electric Gas Turbine Co, Ltd to supply the first GT36 Gas Turbine for Minhang power plant in China
The contract was signed on 5 November 2018, in the framework of the China International Import Expo 2018 in Shanghai. The event was attended by the Italian deputy Prime Minister and economic development minister Luigi Di Maio, mayor of Genoa Marco Bucci, chairman of Cassa Depositi e Prestiti Massimo Tononi and the vice-president of Shanghai Electric Group Chen Ganjin.
The contract represents a crucial milestone for the introduction into the market of the H class Ansaldo Energia Gas Turbine and further strengthens the long-term strategic partnership between Shanghai Electric and Ansaldo Energia.
The end customer for the 800MW Minhang Power Plant project is Shanghai?s most important energy utility, Shanghai Electric Power Co, Ltd, which is controlled by State Power Investment Company (SPIC), one of the five biggest power generation utilities in China.
This is therefore confirmed the presence of Ansaldo Energia in China, with contracts signed to supply a total of about 30 Gas Turbines, corresponding to the value of production in Italy of over US$456.25mn.