This section consists of the business in Southeast Asia, namely Malaysia, Myanmar and Nepal, as well as the information of hydropower projects in Africa.
Malaysia is rich in hydropower resources, and it is one of the important overseas markets of CTGI. CTG entered Malaysian hydropower market in 2008, undertaking the construction of Murum HPP as an EPC contractor. The Project was completed and handed over in May 2015, with an installed capacity of 944 MW. Through the cooperation, CTG has built and maintained a good and long-term strategic cooperation relationship with local leading enterprises in energy resource development, i.e. Sarawak Energy Company (SEB).
In the future, CTGI aims to gradually expand its business scope to the investment in clean energy and power market in Malaysia.
Myanmar is one of the key investment markets of CTGI. A joint venture led by CTG and composed of the Chinese partners, Thailand’s EGATi and Myanmar’s IGOEC, has been engaged in developing the Mong Ton Hydropower Project on the BOT basis since 2010. After completion, the project will be a major power station in Southeast Asia.
Besides, CTGI has also conducted the Feasibility Study of wind power projects in the State of Chin and Rakhine, in the Region of Yangon and Ayeyawaddy. As a milestone achievement, 27 wind farms were planned with a total installed capacity of 3,708MW, among which Chaungtha Wind Farm Project was launched as the first pilot wind power project in Myanmar.
Nepal is rich in hydropower resources. The West Setti Hydropower Project is the largest water storage hydropower project in planning in Nepal, which is co-developed by CTGI and Nepal Electricity Authority with an installed capacity of 750MW.
With the most promising business climate in the world today, Africa is planned as a key potential investment market of CTGI. CTGI is currently focusing on developing the power markets in the Democratic Republic of the Congo, Nigeria and southern African areas, etc. The preliminary research work of major rivers of Africa has being carried out, and cooperation communications have been conducted with related international financial institutions.