Engineering group ABB wants in on B&R projects
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.”