China International Water & Electric Corporation
China International Water & Electric Corporation (abbreviated CWE) is a Chinese construction and engineering consulting company that is a subsidiary of China Three Gorges Corporation (CTE). CWE specializes in the construction of water and hydropower projects but its work runs the gamut including road and bridge, power transmission, drainage and sewage treatment systems, dredging, port maintenance, and interior design.
Number of employees
Based on international contracting revenue in 2014 it was the 74th-largest international construction and engineering company according to Engineering News-Record.
The company has completed projects in China, the rest of Asia, Africa, and Europe, focusing especially on hydropower projects in developing countries. In battling for international contracts, CWE is a head-on rival with Sinohydro, another Chinese firm with a hydropower specialization, having ferociously competed with Sinohydro for the Karuma hydropower project in Uganda in 2013; in the end it lost to its rival. It has had ethical lapses in competing for business with the World Bank debarment from bidding for a period of 3 years due to "integrity issues".
- $80 million hydroelectric plant in that started operating in 2003.
- $556 million Isimba hydropower dam located in Busaana sub-county, Kayunga district, Uganda.
- $200 million Lom Pangar Dam hydropower project consisting of a main dam across the Sanaga River, signed in 2011.
- $526 million Kaleta hydroelectric dam completed in July 2015 on budget and a year head of schedule. Bloomberg noted the project had a symbolic significance as it was completed during the Ebola outbreak affecting the country, showing the endurance of Chinese companies in Africa in contrast to Western companies that had fled during the crisis.
Although mainly associated with hydropower, CWE is also involved in wind power. Its parent company, CTE, seeks to develop a 49.5 MW wind farm in Thatta, Pakistan, and in 2011 signed on its subsidiary CWE and another company, China Huashui Development Corporation (CHDC), to install turbines manufactured by Goldwind. In 2013, the company planned to design, build and operate a 300 MW wind farm in Jordan with joint venture partner Goldwind.
- "The Top 250 International Contractors". Engineering News Record. 2015.
- "Karuma, Isimba to boost Uganda's energy needs". The Observer. October 8, 2013.
- "WB asks development partners to blacklist Chinese company". October 1, 2014.
- "China-built hydropower plant in Macedonia under full swing". China Daily. May 30, 2003.
- "Chinese company clinches deal for Cameroon hydropower project". China Daily. August 19, 2011.
- "China Wins Africa Friends by Building Dam in Ebola Outbreak". Bloomberg L.P. September 29, 2015.
- "Deal signed for 49.5MW wind farm in Thatta". The Dawn. May 13, 2011.
- "Jordan, China in $2.5 bn deal for oil-shale plant". AFP. September 19, 2013.