China power contractor

China Exim bank financing of soft loan and commercial loan to power project and electric equipment is now our main business

1.China power contractor or EPC contractor for power generation plant projects

2.China contractor or EPC contractor for power transmission and distribution projects

3. Supplier of equipments related to the power generation, transmission and distribution industry

4. Power Project Financing of soft loans, commercial loan, buyer’s credits

5. Contact

6. Link Exchange or Add URL

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Current Main Business: China Eximbank Financing on Power Projects

At the time being, our business focus has been moved to large power projects or other infrastructure projects in the foreign market needing China Eximbank finance of both soft loan and commercial loan, we can help to apply these finance on the condition that we should be the EPC contractor through negotiation, we have no interests in public tenders for projects as power plant projects, cement plants, railway, transmission projects, and other machinery and electric equipments related projects, so please provide us your projects brief for EPC contract and financing. Now we also work on projects with commercial loan from China Development Bank against banks or bank syndicate commercial guarantee.

1.Financing from Eximbank: Fast track Approval for Concessionary financing from Eximbank, and the annual rate can be as low as 2-3%. During this financial crisis times, if you are looking for financing for your power plant projects, here is your step by step guidance on getting financing from China Eximbank.

2. Chinese President Hu Jintao said on Tuesday (Jun14th, 2009) that China will provide a $10 billion credit of soft or concessionary loan to member states of the Shanghai Cooperation Organization (SCO) to shore up their economies amid the global financial crisis. now it is time to get prepared for applying when the detailed regulation to be enacted by our Chinese department. For official news.

3. Forum of China Africa Cooperation Summit to be hold in November, more financing of soft loan and commercial loan will be released during the meeting.

4. 6.7 billion USD soft loan for Asean nations: Chinese Prime Minister Wen Jiabao announced during the 15th ASEAN Summit (hold in 25th, October 2009) meeting that mobilization of the first tranche of US$1 billion of the investment fund was nearly completed and it should be available within a year. He said China had decided to increase the concessional loan part or soft loan finance of its ASEAN commercial credit from US$1.7 billion to US$ 6.7 billion. ASEAN groups together Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.

5. China has promised to give Africa $ 10 billion (£ 6 billion) in concessional loans over the next three years, Chinese Premier Wen Jiabao told a summit in Egypt. The Chinese president attended a two-day forum on China-Africa cooperation in Sharm el-Sheikh, hold on 8-9, Nov, 2009, and attended by representatives of 50 countries. M. Wen also said China plans to create environmental programs for Africa, with 100 clean energy projects.

6. One of our member's Sri lanka project of 2x300mw coal fired project and other project has been approved with 900 million USD soft loan or concessionary loan by Chinese Government.

7. China Development Bank is also a policy bank to supply preferential commercial loan to foreign projects such as power,railway, telecommunication, port, cement plants, refinery projects in the world market, against bank or syndicate guarantee.

8. One transmission project contract value at 180 million USD has been signed between one of our Chinese EPC contractor and Kenya. The project will be seeking soft loan from our Chinese bank against sovereign guarantee. Last December we paid a visit to Kenya and talked with the authority for a lot of projects to be contracted by us and then we will work together to help these projects to be financed with our government soft or concessionary loan. Now this 180 million transmission project is just a lead project.

9. Now we are discussing with our bank and Import Export insurance company to join hands to provide financing or loan package against sovereign guarantee. The package amount can be from 2 billion to 5 billion US dollars for a gourp of projects.

A. The term can be 10 to 15 years, with grace period of construction period;

B. Interest rate is competitive and attractive when compared with other sources of commercial loans, some basic points added upon Libor.

C. The loans need sovereign guarantee from national federal governments, usually issued by Ministry of Finance.

D. Approval time is usually half year, much shorter than soft or concessionary loans from China Eximbank.

E. Documents need is almost the same as these for Soft or concessionary loan from China Exim bank.

F. When soft or concessionary loan quota is limited from Eximbank, then it is a very good option, esp. for above 500 million USD even to billions USD loan.

10. We are planning to set up local joint venture to invest in power generation business as independent power producer with our MAN hfo diesel generator power plant from 2mw to 200mw, foreign partners should provide land, PPA (power purchase agreement), and other needed government or legal documents for the construction and operation of the plant, we invest with MAN HFO diesel generator sets, EPC for total plant, power plant operation, maintenanace and spare parts supply.

You can buy English Ebook on how to work with Chinese on EPC contracting and getting financing from Exim bank by click:http://www.china-power-contractor.cn