Traded as SSE: 601669 Area served Worldwide Founded 1950 Subsidiaries TLT-Turbo GmbH | Website www.sinohydro.com Type of business State-owned enterprise | |
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Key people Song Dongsheng (宋东升) (Chairman) | ||
Sinohydro company succesfully complete construction of metolong dam in lesotho
Sinohydro (Chinese: is a Chinese state-owned hydropower engineering and construction company. In the 2012 Engineering News-Record Top 225 Global Contractors, a ranking by annual revenue, the company is 14th by overall position, and 6th among Chinese construction companies. As of June 2015 it ranks 4th among Chinese companies for disposal of fixed assets.
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Corporaci n sinohydro proyecto hidroel ctrico coca codo sinclair
History
The company was founded in 1950, and is based in Beijing, China.
Workers of the affiliated company Power Construction Corporation were abducted in 2012 by the Sudan People’s Liberation Movement-North while building a road in Sudan. In a Daily Star article dated Aug 4, 2014, it admitted to being under temporary debarment by the World Bank in response to a query by Bangladesh government with reference to a bid placed for the Padma Bridge project.
In Malaysia, the company worked on a joint venture with Sime Engineering to build the largest dam in the country. The Sarawak Report, alleged that Sinohydro had widely used a technique involving adding excessive water to cement, making the construction unsafe. Sinohydro responded that the dam was safe but some work like the cleaning of silos wasn't done "following instructions". The webpage of the Sarawak Report was hacked after it published the story.
In 2006, a group of indigenous Lenca people from Río Blanco asked for an investigation into the recent arrival of construction equipment in their area. It was duly investigated and the community was informed that a joint venture project between Chinese company Sinohydro, the World Bank's International Finance Corporation, and Honduran company Desarrollos Energéticos (also known as DESA) had plans to construct a series of four dams on the Gualcarque River. The developers had breached international law as the local people had not been consulted on the project, and the Lenca people were concerned that the dam would compromise their access to water, food and medicine, and therefore threaten their traditional way of life. Legal action and community meetings were organized against the project, and the case was taken to the Inter-American Commission on Human Rights.
Operations
The main operating company of the group is Sinohydro Ltd which is a major subsidiary formed from units of the Group parent and Sinohydro Consulting and now held through a holding company Sinohydro Group Limited.
Projects
Selected by the government of Bangladesh for River Training Works(14 km length) of the Padma Bridge Padma Multi-Purpose Bridge in Lohajong, South of capital Dhaka. Contract Period : 4 years+1year (defect liability period). Contract Cost : BDT: 8707.81 crore. Date of work order : 31 December 2014. Date of Completion : Physical Progress of Work : Handed over land to Contractor, Mobilization of equipments & procurement of materials as well as Contractor’s accommodation, stack yard, casting yard etc. construction are going on.
Selected by Qatar Government to Construct New Hamad Port in 2015. The Project estimated cost is 1.3 billion Riyal. Project includes 57 building which includes substations as well, required for the electric supply of the Port administration area.