# ChengLai Electric signs deal for smart substation equipment plant

ChengLai Electric signed an agreement with Yian Economic Development Zone to build a smart step-up substation equipment and inverter assembly production base. The project has a total investment of about 1 billion yuan and will be built in two phases.

- Type: New facility
- Announced: 2020-04-18
- Where: Yian Economic Development Zone, Anhui, China
- Value: $140.0M (1.00B CNY)
- Status: announced
- Products: transformers, box-type substations, ring main units, switchgear, nacelle covers, inverter units
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [ChengLai Electric](https://endata.com/companies/46647.md)

## Sources

- [ah.anhuinews.com](http://ah.anhuinews.com/tl/jjyq/ya/202209/t20220927_6423639.html), 2020-04-18: "智能升压变电设备及箱逆变一体机组装生产基地项目总投资约10亿元，占地约100亩，项目分二期建设。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.