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Huaguang Huaneng (600475.SH) signed a 408 million yuan fuel engine waste heat boiler contract in North Africa
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Zhitong Finance App News, Huaguang Huaneng (600475.SH) issued an announcement. Recently, the company successfully signed a contract to supply waste heat boiler equipment for the 1406.017MW gas power plant project in Tebessa, Algeria in North Africa. The company sold waste heat boilers to China Electric Power Engineering Co., Ltd., with a contract amount of RMB 408 million.

The signing of the waste heat boiler contract will not have a significant impact on the company's 2026 performance, but it will have a positive impact on the company's future performance improvement. The Tebessa gas power plant project in Algeria is a national key power infrastructure project in Algeria. It undertakes the important mission of safeguarding the region's livelihood and electricity supply and promoting the upgrading of local industrialization. After completion, the project will lay a solid foundation for the company to further deepen regional cooperation and expand the market in Algeria and North Africa.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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