GE Invests NT$315 Million, Approval from Special Building Review, Zhong Jia Electricity Powering Towards Final Milestone

Reported 12 months ago

Zhong Jia Electricity Power Co., Ltd., established jointly by Chairman Wang Yingjie of the industry and sector founders in July 2024 (pictured), recently received two pieces of good news. The company has been actively responding to the government's energy policy for more than 6 years, obtaining various licenses and permits, signing significant contracts with Taiwan Power Company, Taiwan Petroleum Company, and completing the comprehensive project for the construction of the Zhong Jia Gas Combined Cycle Power Plant. They recently achieved two important milestones, including receiving an investment of about NT$315 million from GE Capital Global Energy Investments B.V. and being approved as a special building by the government, marking the first private power plant in 16 years to pass the environmental impact assessment and special building examination. Zhong Jia Electricity Power expressed gratitude to the various governmental units and local communities for their support and recognition, and they are now focusing on the next milestone, which is the final phase of construction and operation of the power plant during the establishment period.

Source: YAHOO

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