Shanghai Electric Inks Long-Term Gas Turbine Service Agreement with Zheneng Zhenlian Gas

Deep News07-15

Recently, Shanghai Electric Group Company Limited (ASX: 601727) entered into a long-term maintenance service contract for gas turbines with Zheneng Zhenlian Gas Power (Jinhua) Co., Ltd.

This agreement represents the first long-term service contract between Shanghai Electric and Zhejiang Energy Group in the heavy-duty gas turbine sector, signifying an expansion of their collaboration from equipment manufacturing to comprehensive lifecycle services.

The associated project is a key green energy development initiative in Zhejiang Province. A supporting combined-cycle gas-steam unit commenced commercial operations in July 2024, playing a significant role in ensuring stable power supply for the region during peak summer demand periods.

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