BEIJING, Jan. 11 (Xinhua) -- Shandong Electric Power Construction Corp. (SEPCO) received a letter of acceptance from Zambia Electricity Supply Corp., Ltd. (ZESCO) on January 3.
The project is part of Lusaka urban network renovation project planned by ZESCO. With 19 packages funded by different international financial institutions, the whole project is scheduled to be completed in five years with a total investment of 480 million U.S. dollars (about 3.1 billion yuan).
The Chilanga transformer substation project won by SEPCO is package 3 with a contract amount of 13.93 million U.S. dollars and is funded by European Investment Bank (EIB).
(Edited by Yang Qi, kateqiyang@xinhua.org)
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