Shuibuya 1.6 million kilowatts, generating Louis Vuitton planning and Hubei province in central China power grid peak FM backbone. Ease because of the lack of an energy plant in Hubei, especially coal, mainly from other provinces, the construction of long-term re-deployment, can easily lead to power shortages in Hubei power grid capacity, ease the contradiction between the peak and the lack of FM to improve the power grid running economy and reliability. Prior to this, Qingjiang cascade hydropower stations in the other two in 1994 and 2000, respectively Gaobazhou Hydropower Station has been put into operation in the river mainstream rock station. With Shuibuya hydropower production, to achieve a group holding power generation capacity exceeded 400 million kilowatts, generating volume of 10 million kilowatts, turnover of more than $ 400 million strategic objectives. The current financing system bonds will contribute to the improvement of the company and expand financing channels, reduce financing costs. The group is holding Qingjiang the main cascade hydropower stations is the company’s own funds and bank loans the main source of funding the construction site, a single capital structure, financing costs are higher. To raise funds through various channels, to achieve CASC strategic planning for the future development of the major initiatives is to improve, to achieve sustainable development and security context, the Group’s financing structure, improve power construction fund and the issuance of corporate bonds is a kinds of effective financing mode. As a capital market investment and financing Purse continues to standardize and improve the capacity of China’s bond market continues to expand, corporate bonds, long-term, low-cost nature, as one of the major large-scale power projects financing modalities. Issuance of corporate bonds, will optimize the Group’s financial structure, to broaden the Group’s financing power projects, to reduce financing costs, the Group. xiaohongjiang Hubei Energy Group Co., Ltd., said the company in accordance with national policy and sustainable development of power industry requirements, adhere to market-oriented, economic efficiency, to safety, based on deepening reform, science and technology progress as the driving force to expand the industrial scale power core operations of the company’s overall strength and competitiveness. At the same time, adhere to grasp the operation, while capital and reserves of the project, a solid base for development. According to the company in West Eleventh Five Year Plan Hubei Qingjiang Hydropower, Ezhou power base of the two energy industry, and actively participate in the new energy development and the formation of eastern Hubei region. Into 2010, won the company commissioned the Wallets more than 5 million kilowatts of control, tracking, Hubei plant capacity (not including the Three Gorges) reached 20%.
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