JIC Leasing recently provided financial leasing service to a municipal power plant in Shandong Province to provide for its day-to-day operations.

Being to connected to the grid since 1991, the power plant is one of the three power plants for the prefecture-level city. With improved cogeneration units completed, it has become one of the pillar power plants of the Luxinan power grid in Shandong. Meanwhile, the power plant is also the only heat source for the residents, playing an irreplaceable role in heat source guarantee for people’s livelihoods.

Due to the current abnormal climate and temperature, global energy supply shortage, market demand and price inversion of import coals, some provinces and cities are experiencing electricity shortages, subjecting them to an extreme test of local power supply stability. Hence, JIC Leasing has actively cooperated with the power supply enterprise to provide financial leasing services to assist in guaranteeing regional power generation and supply safety.