On Nov.5th, China Gezhouba Group, a subsidiary of Energy China ( @EnergyChinaNews), signed a purchase agreement with Siemens at the 3rd China International Import Expo. According to the agreement, Energy China will purchase gas turbines and steam turbines for combined-cycle power stations and other projects from Siemens. The two companies signed a strategic cooperation agreement in 2015 to jointly develop the markets of thermal power, new energy, as well as power transmission and distribution. The two sides co-hosted the 2016 China EPC Summit, discussing the new opportunities and challenges faced by infrastructure investment in the global power industry and promoting the development and cooperation of EPCs.
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