China Energy, CSNWD Sign Strategic Cooperation Framework Agreement

China Energy Investment Corporation (China Energy) and China South-to-North Water Diversion Corporation (CSNWD) signed a strategic cooperation framework agreement in Beijing on June 30. China Energy Chairman Wang Xiangxi and President Liu Guoyue joined CSNWD Chairman Jiang Xuguang and President Zhang Zongyan to attend the signing ceremony and exchange views on deepening cooperation.

During the talks, Wang Xiangxi expressed the hope that the two sides would take the signing of the agreement as an opportunity to strengthen communication and exchange, build a long-term cooperation mechanism, achieve organic integration of water conservancy project construction, environmental protection, and new energy development, and enhance technological innovation and project development in fields like water resources, photovoltaic power, wind power, green hydrogen energy, and power storage, so as to create a paradigm for cooperation between central SOEs.

Jiang Xuguang said that CSNWD is mainly committed to early planning, fund raising, development, construction, and management of the south-to-north water diversion project, with an aim to build a world-class group enterprise in the development and management of cross-river valley water supply. He hopes that the two sides would give full play to their respective advantages and carry out comprehensive, broad and multi-level strategic cooperation in areas such as follow-up projects for south-to-north water diversion, new energy development, ecological protection, technological innovation, and personnel exchange, thus achieving win-win and innovative development.