15th of July 2013
Chinese Company SEPCOIII and KTG Zenica signed the EPC contract, effectively making SEPCOIII, the first Chinese company to build a gas powered power plant in Europe.
Chinese Company SEPCOIII and KTG Zenica signed the EPC contract in Zenica Bosnia and Herzegovina.
SEPCOIII is one of the few Chinese companies that have successfully integrated EPCO resources both in China and internationally in countries like India, Nigeria, Saudi Arabia, Oman, Egypt, Indonesia and Singapore.
SEPCOIII first appeared in the Engineering News Record’s ranking of “The Top 225 Contractors” in 2007. Since then, it has continually moved up the ranks and was recently rated 58 for the year 2011.
SEPCOIII Electric Power Construction Corporation is a global engineering corporation specializing in the construction of various types of power plants, including thermal, nuclear, gas, hydro, wind and biomass.
SEPCOIII’s main operation models are EPCO, EPC, BOT, BOO and PMC and can provide clients with a full range of services including research, location, determination, design, procurement, construction, debugging, operation and maintenance.
Since its founding in 1985, SEPCOIII has constructed a variety of power plant with single units ranging from 12MW to 1000MW for a total installed capacity of 29,000MW. It is also the only company in the industry which has been awarded the Luban Prize six times. SEPCOIII’s customer base has spread throughout the world in Asia, Africa and the Middle East.
Presently, the total contract value of projects under construction in its overseas markets is roughly US$15 billion.
SPECOIII first appeared in the Engineering New Record’s ranking of “The Top 225 International Contractors” in 2007 and has continually moved up the ranks over the last fife years with a ranking of 58 in 2011 and is widely considered as the most reliable Chinese electric power construction company in the global community.
The signing of the EPC Contract between SEPCOIII and KTG Zenica will effectively make SEPCOIII the Chinese company to build a gas powered power plant in Europe.