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Chinese energy tech firm inks USD10 mln power project contract with Nepal Electricity Authority

Updated: February 2, 2023 Source: Belt and Road Portal
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People work at the construction site of the Tanahu hydropower project in central Nepal, Dec. 30, 2022. (Photo by Hari Maharjan/Xinhua)

Chinese energy technology company LongShine Technology Group Co., Ltd. (LongShine Technology, 300682.SZ) has recently signed a contract on power marketing system supply and installation with Nepal Electricity Authority, a state-owned company of Nepal, reported China Securities Journal Wednesday.

The contract values about 10 million U.S. dollars, with a term of performance of six and a half years.

The project is the first national power project signed by the company overseas, and marks a new start of the international development of LongShine Technology's power marketing business, says the company.

Editor: Su Dan