Voith and China Three Gorges Corporation (CTG) have signed an agreement to enhance their cooperation in the hydropower business.
The agreement was signed today by Lu Chun, Chairman of China Three Gorges Corporation, and Dr. Hubert Lienhard, President and CEO of Voith Group), in the presence of Chinese Premier Li Keqiang and German Chancellor Angela Merkel.
CTG is the world´s largest producer of hydroelectric power. In 2014, CTG acquired the sixth-largest hydroelectric complex in the world, the IIha Solteira and Jupiá power stations in Brazil, for which it will carry out a out step-by-step modernization of existing power units. In March 2017, Voith was awarded the EPC contract for the first four units after CTG’s public call for tender. Voith will deploy state-of-the-art technology throughout the entire modernization process to lengthen the plants’ lifetime and generate electricity with higher efficiency. As part of the new agreement, both sides are hoping to extend cooperation among other aspects of CTG’s hydropower business in Brazil.
CTG and Voith have already established a relationship based on their successful cooperation during the Three Gorges project and Xiluodu projects, and Voith, in addition, is actively joining in on overseas projects with CTG.
