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Shanghai Electric Group Co Ltd

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Shanghai Electric Group Co Ltd - Energy & Power showcase

Year Founded & Workforce

1995

39,015 Employees

Industry

Energy & Power

Services

Gas turbine servicesSteam turbine
S

Shanghai Electric Group Co Ltd Employee Contacts

12 verified contactsNames, job titles, seniority and locations

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Shanghai Electric Group Co Ltd Overview

Company Headquarters: Shanghai, China

Founded: 1995

Workforce: ~ 39,015

Company Working: Shanghai Electric Group Co Ltd (Shanghai Electric), a subsidiary of Shanghai Electric Group Corp, is a manufacturer and supplier of equipment for the industrial and energy sectors. Nuclear power generation units, thermal power units, heavy-duty equipment, elevators, power transmission and distribution equipment, printing machinery, and machine tools are among the company's key products. It also offers modern equipment engineering, procurement, and construction services. Turbines, generators, spare parts, ancillary appliances, power station boilers, power station equipment, industry boilers, turbo-ancillary appliances, and ancillary boiler appliances are also available from the company. It operates in the United States, Germany, India, Vietnam, and Japan, among other places.

Strategy

Shanghai Electric Group Co Ltd is focused on expanding its business globally to increase its revenue and overall market share. It is also engaged in developing new products, especially those that require high levels of technological innovation. Furthermore, the company increased its productivity and output through partnerships with tech giants and small and medium-sized organizations.

Company Snapshot

39,015

Employees

1995

Founded

Shanghai, China

Headquarters

SWOT Analysis

Strengths

  • Established customer relationships
  • Extensive business segments
  • Strong R&D capability

Weaknesses

  • Limited global presence

Opportunities

  • Growing demand, especially in India and China
  • Focus on product diversification

Threats

  • Stringent government regulations
  • Slow certification process

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Key Developments

DateApproachDevelopment
March 2021ContractShanghai Electric Power Station Group has signed three main engine contracts for the 3X380MW thermal power generation construction project of Tsingshan Iron and Steel in Indonesia and the 2X65MW steam turbine generator combination of the first phase of the Tuas IWMF waste-to-energy project in Singapore.
August 2020ContractShanghai Electric Group has signed a contract to deliver steam turbines to be used in China National Nuclear's two nuclear power plants.

Product Offering

  • Shanghai Electric Group Co Ltd
    • Gas turbine services
    • Steam turbine

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