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China Jushi announced that the company's wholly-owned company plans to change the implementation plan for the 500MW wind power supporting project. The implementing entities were adjusted to Jushi Green Energy Co., Ltd. and Jushi Group Huai'an Co., Ltd., and the construction scale was adjusted to 496 MW. The total investment was adjusted from 2,199 billion yuan to 2,393 billion yuan, of which Lianshui New Energy invested 1,724 million yuan and Jushi Huai'an invested 668 million yuan. The total construction period of the project is 2 years, funded by own funds and bank loans. The total return on investment is expected to be 15.62%. The project still needs to be approved by the relevant government departments, and there is some uncertainty.
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China Jushi announced that the company's wholly-owned company plans to change the implementation plan for the 500MW wind power supporting project. The implementing entities were adjusted to Jushi Green Energy Co., Ltd. and Jushi Group Huai'an Co., Ltd., and the construction scale was adjusted to 496 MW. The total investment was adjusted from 2,199 billion yuan to 2,393 billion yuan, of which Lianshui New Energy invested 1,724 million yuan and Jushi Huai'an invested 668 million yuan. The total construction period of the project is 2 years, funded by own funds and bank loans. The total return on investment is expected to be 15.62%. The project still needs to be approved by the relevant government departments, and there is some uncertainty.
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