Toshiba Corp. said its Chinese unit has won an order from a major Chinese power company for two hydroelectric generators to be installed at a power station in Yunnan Province.
Under the contract, worth about ¥3 billion, Toshiba Hydro Power (Hangzhou) Co. plans to build and deliver the two 600 megawatt-class generators to Datang Guanyinyang Hydro Power Development Co., a subsidiary of power company Datang Corp., by October 2014.
The hydro plant is expected to start commercial operations in mid-2015, Toshiba said Tuesday.
The company said it will continue to seek more contracts in the growing Chinese market and expand its hydro power business in other key markets, including North America, South America, India and Southeast Asia.
In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.