recently, the group company conducted an investigation and research on china longyuan power. during the report-back meeting of investigation and research, the company proposed to fully carry forward the spirit of “driving nails”, actively organize the initiation, as well as seize the favorable opportunity of year-end project approval, thus setting off a new upsurge in accelerating development.
the fourth quarter is the fastigium for the project’s approval. better performance in the tough fight of the year-end project approval plays a significantly role in improving the quality and efficiency of the increased assets. longyuan power will continuously focus on the prophase work, conduct a delicacy management for the projects enrolled in the approved program and grasp the key links of grid connection, land and environmental protection in a bid to realize the program of “fast and more approvals”. the development layout of wind and power should be optimized persistently. the southern no-power-rationing area, due to its favorable grid connection conditions and strong power consumption ability, has become a keystone in company’s prophase work with guarantying the benefits of the relevant projects. longyuan power will further step up efforts in approving the projects and increase the approval proportion in no-power-rationing areas. meanwhile, with the increasing maturation of technical index of the new model and the continuous improvement of delivering condition, the power-ration situation in northern area has presented an alleviating trend, thus lowering the development threshold of projects. the company will make key efforts to track projects in relation to the implementation of grid planning, enhance the development of monoblock wind farm, as well as expand the resource space in a continuous manner. it is necessary to intensify the strategic plan and actively conduct work in areas being lack of prophase work so as to make up the shortage of wind power development. the wind farm project, undertaken by the company and with a highest altitude in the world, has been approved this year. in addition, shanghai and jiangxi will fulfil the “zero” breakthrough in the aspect of project approval by the year-end.
with the increasingly fierce competition of onshore wind and power, the offshore and overseas markets have turned into the “new blue ocean” of the wind and power industry. the company will continuously accelerate the development of offshore and overseas wind and power, thus striving for a realization of substantive breakthroughs in the aspect of overseas wind and power in other coastal provinces except for jiangsu and fujian. at the end of october, china longyuan power won the bidding in the south african 244,000 kw wind and power project. next, the company will speed up the fulfillment of construction conditions for the south african projects and sign documents in relation to the approval of electricity generation business and integration agreement so as to obtain ndrc’s approval for the overseas investment projects.
in addition to independent development, china longyuan power lays emphasis on communication and cooperation. the company will continuously strengthen communication with (sub) branches of china guodian corporation and make use of its local advantages to further expand development channels for projects, thus ensuring that china longyuan power’s core platform of wind and power development will come into a full play and facilitate the cooperation to gain a win-win result.
the prophase work is the start of the project construction, so its operating depth has a direct influence on the benefits after the execution of project construction. the company will continuously improve the feasible depth and quality to realize the precise evaluation of the project’s return on investment, and implement all boundary conditions to insure the exploitation benefit of the project. the company will persist to intensify the investment control, specify the investment decision process, jointly arrange the exploration schedule, preferentially develop projects with strong profitability, strictly preclude projects beyond the scope of plan, as well as guard against the investment risk.