Core Points - The EPC project of the Lumut Balai Phase II Geothermal Power Plant in Indonesia, undertaken by China Power Construction Group, has officially received the operation acceptance certificate from the owner, marking the successful handover of the project and its entry into the warranty period [1] - This project is the first successful handover of a geothermal power plant EPC project by a Chinese company overseas [1] Project Execution - Since the commencement of the project, the China Power Construction project team has adhered to scientific planning, strict control, and precise execution, overcoming challenges such as tight schedules, complex environments, and limited resources [1] - The project achieved key milestones including the start of operation (SLO), commercial operation (COD), 15 days of reliability operation, and completion certificate (CC), with performance test results exceeding contract indicators [1] Significance and Future Plans - The Lumut Balai Phase II Geothermal Power Plant project serves as an important demonstration of China-Indonesia energy cooperation, showcasing the engineering strength and technical standards of China Power Construction in complex environments [1] - The company will continue to uphold the principles of "high, strict, detailed, and practical" during the warranty period, ensuring operational support and expediting the handling of any remaining defects to achieve the final fulfillment goals [1]

Core Points - The project marks the first successful handover of a geothermal power station EPC project by a Chinese company overseas [1] - The project has officially received the operation acceptance certificate from the owner, indicating its successful completion and entry into the warranty period [1] Company Summary - China Power Construction Corporation has completed the EPC project for the Lumut Balai Phase II geothermal power station in Indonesia [1] - This achievement highlights the company's capabilities in the energy sector and its commitment to high-quality development [1] Industry Summary - The successful handover of the geothermal power station reflects the growing trend of Chinese companies expanding their footprint in the global renewable energy market [1] - The project contributes to the advancement of geothermal energy as a sustainable energy source in Indonesia [1]

Core Insights - China Power Construction (601669) has officially received the operational acceptance certificate for the second phase of the Lumut Balai geothermal power station project in Indonesia, marking it as the first geothermal EPC project handed over by a Chinese company overseas [1] Company Summary - The Lumut Balai Phase II geothermal power station is constructed by Shandong Electric Power Construction No. 3 Company, a subsidiary of China Power Construction, and is located in Muara Enim County, South Sumatra Province, Indonesia [1] - This geothermal power station is the largest and most technologically advanced project undertaken by a Chinese company in Indonesia, featuring systems such as transmission and transformation lines, booster stations, steam collection, and long-distance brine reinjection pipelines [1]