Baowu TISCO & Dongfang Electric Deepen Cooperation
Baowu’s TISCO and Dongfang Electric Co Ltd signed a strategic cooperation agreement on 4 March 2021 opening a new chapter for cooperation between
Baowu’s TISCO and Dongfang Electric Co Ltd signed a strategic cooperation agreement on 4 March 2021 opening a new chapter for cooperation between the two parties. In recent years, TISCO and Dongfang Electric have been cooperating closely. Taigang hopes that by signing a strategic cooperation agreement, it can further deepen the cooperation between the two parties in product procurement and technical services, engineering projects, hydrogen energy and fuel cell vehicle industries, international operations, and supply chain services.
Dongfang Electric stated that “After TISCO joins the Baowu family in China, the areas of cooperation between the two parties will be broader. Dongfang Electric will continue to work closely with TISCO to jointly develop new power station equipment, energy-saving and environmental protection equipment, and new energy equipment research and development. Green power drives China's economic development.”
China Dongfang Electric Group is one of the important state-owned backbone enterprises identified by the central government to be involved in national security and the lifeline of the national economy. It is an enterprise under the supervision of the State-owned Assets Supervision and Administration Commission of the State Council and is one of the world's largest power generation equipment manufacturing and power plant engineering general contracting enterprise groups.