CETIC IN CAMBODIA |
MISSION
Our aim is, using environmental friendly natural
resources, to build more hydropower stations and
transmission lines in Cambodia, to supply qualified
and cheap electric energy, and do our utmost to
promote the level of the electric section of Cambodia.
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PRESENTATION |
CETIC International Hydropower Development Co.
Ltd (CETICI). is the first investment company,
on BOT basis in electric section in Cambodia,
approved by the Council for the Development of
Cambodia (CDC) in December 29, 2000.
The sole shareholder of the CETICI is China Electric
Power Technology Import & Export Corporation
(CETIC), which is qualified to undertake overseas
projects, such as project contracting, labour
service, electric power and other civil works.
CETIC has established more than 20 economic branches,
joint ventures or proprietary corporations at
home and abroad including project design and construction
firm.
The main aim to establish the CETICI in Cambodia
is to rehabilitate the existing Kirirom I Hydropower
Station and a 115 kV, 120 kW transmission lines
which was completely damaged, after operation
for 20 months, during the civil war in 1972 in
Cambodia. The Kirirom I Hydropower Rehabilitation
Project is mainly composed of the existing facilities
and newly constructed facilities with the designed
installed capacity of 12 MW turbine generator
units in Kiririom Plateau of Koh Kong Province,
southwest of Phnom Penh, and the 115kV transmission
facilities to connect the plant to EDC's 115/22
kV grid substation.
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THE KIRIROM I PROJECT |
In the midst of the construction of the said
project, from April 2nd, 2001 to May 29th, 2002,
CETICI, as per the Implementation Agreement (IA)
and Power Purchase Agreement (PPA) signed on July
28, 2000 in Phnom Penh between the Ministry of
MIME (Ministry of Industry, Mines and Energy)
and CETIC and between EDC and CETIC respectively,
overcame a lot of difficulties and fulfilled the
project ahead of schedule on May 29, 2002. Since
then, the Kirirom I Hydropower Plant has provided
qualified and clean energy to Cambodian people.
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FUTURE PLANS |
As Cambodia has very rich water resources, CETIC
International Hydropower Development Company will
develop more hydropower projects, including transmission
line, dam, reservoir as well as any other power
relevant projects for Cambodian people.
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PARENT COMPANY OF CETIC |
China Electric Power Technology Import &
Export Corporation (CETIC in abbreviation), formed
by the former China Electric Power Technology
Import & Export Corporation and the portion
separated from the former China International
Water & Electric Corporation, is a holding
limited liability subsidiary of state Grid Corporation
of China. There are a large number of technical
and managerial staffs with deep knowledge of modern
enterprise management and rich practical experience
in CETIC.
The main business scope of CETIC includes contracting
and manpower offering for international construction
projects, import & export trade, international
biding for procurement of goods, international
forwarding agency and industry investment, etc.
CETIC takes international project contracting,
import & export trade and industry investment
as three main business. CETIC widely adopts advanced
technology and scientific management and abides
by ISO9000 quality assurance system in implementing
projects. CETIC takes "contract abided by,
quality guaranteed, excellent service, customer
up-most" as its principle of quality assurance.
CETIC is a well-known corporation with a history
of more than 40 years in dealing with international
economic & technical cooperation and foreign
trade in China and abroad. After reorganization,
CETIC has been listed among the world top 225
international contractors in "Engineering
New-Record" of the United states for 3 years
continuously. It also has been ranked the 40th
among the top 500 Chinese enterprise engaged in
import & export and the fourth among the enterprise
mainly specialized in import of technology and
equipment in China.
Adhering to the principle of "equality,
mutual benefit and unisonant development",
CETIC insists on making full use of its strength
in combining industry with trade and professional
superiority to provide its customers satisfactory
services. CETIC sincerely wishes to cooperate
in different ways with friends of all circles
both at home and abroad.
Contract amount in total: By the end of
1999
RMB 1,300 million (economic aid & technical
cooperation)
USD 1,540 million (international contracting
and manpower offering )
USD 7,500 million (international trade)
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