En­gi­neer­ing group ABB wants in on B&R projects

China Daily (Hong Kong) - - BUSINESS -

com­pa­nies un­der­stand the needs and re­quire­ments of those mar­kets,” Claudio Facchin, pres­i­dent of ABB’s power grid divi­sion.

He added that his group could also help them with op­ti­mal prac­ti­cal so­lu­tions in terms of a project’s cost, fi­nanc­ing, life cy­cle and en­vi­ron­ment.

Facchin said that ABB has been par­tic­i­pat­ing in the Chi­nese State Grid’s vi­sion to build a global en­ergy in­ter­con­nec­tion by 2050, that can con­nect power grids around the world with cleaner and greener en­ergy.

Zhou Min, vice-pres­i­dent of in­ter­na­tional en­gi­neer­ing branch of Guang­dong Elec­tric Power De­sign In­sti­tute Co Ltd, said that even though Chi­nese com­pa­nies are en­gag­ing in a large num­ber of EPC projects abroad, many of them only con­sid­ered the prof­its to be made.

But Zhou said that with build-op­er­ate-trans­fer projects and Public-Pri­vate Part­ner­ship modes be­com­ing more and more pop­u­lar, the Chi­nese com­pa­nies are now also tak­ing into ac­count other fac­tors, such as a projects’ life cy­cle and long term re­turns — as they also be­gan to op­er­ate what they had built over­seas.

“Like our coal-fired power plant in Viet­nam, we worked with ABB be­cause they pro­vided a com­plete solution,” Zhou added.

“China has over 4,000 EPC (projects) abroad, with over 100 of them in­volv­ing the power busi­ness,” said Zhang Jin­quan, head of ABB China’s power grids divi­sion.

“We will pro­vide them with sup­port ... that com­plies with lo­cal stan­dards.”

LONG WEI / FOR CHINA DAILY

Vis­i­tors watch ABB ro­bots build a model at an ex­hi­bi­tion in Shang­hai.

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