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Kaidi Biomass Power Generation Project Started Construction


On September 27, Kaidi biomass power generation project, located at the Wukeshu Economic Development Zone in Yushu City, with flags waving, gun saluting and tower crane standing, officially started construction along with the booms of large-scale mechanical equipment such as pushdozer and excavator.

Kaidi biomass power generation project was established by Sunshine Kaidi New Energy Group Co., Ltd with an overall investment of RMB 0.5 billion. It covers an area of 130,000 ㎡ and has been built via two phrases, mainly including straw raw material storage, electric power workshop, office workshop and relevant supporting facilities. It expects to be completed in December 2019. After completed, it will realize an annual sales revenue of RMB 0.5 billion, profit of RMB 0.2 billion as well as a revenue of RMB 60 million.

“Kaidi biomass power generation project not only enables local farmers to appropriately address the issue about straw treatment, but also helps solve the employment problem of 3,000 people directly or indirectly, striving to effectively transform the whole maize resource in Yushu City within three to five years and effectively extend the biomass industry chain.” Relevant officials expressed that, they would carefully do well the follow-up service work of the project and appoint project secretary to solve issues encountered during the process of construction in time. Next, they would pay attention to the introduction of a group of projects with great investment, good output and economic returns, and high value and technology based on the advantageous resources and industrial features of Yushu City so as to extent the current industrial chain and promote the leapfrog development of county economy.