CONFIDENTIAL
INFORMATION OMITTED AND FILED SEPARATELY
WITH THE SECURITIES AND
EXCHANGE COMMISSION
ASTERISKS (*****) DENOTE
SUCH OMISSION
Exhibit 10.14
Contract No: Original
High-Voltage Power Supply &
Demand Contract
Printed in Electric Power Industry Ministry of P. R. China
CONFIDENTIAL INFORMATION
OMITTED AND FILED SEPARATELY
WITH THE SECURITIES AND
EXCHANGE COMMISSION
ASTERISKS (*****) DENOTE
SUCH OMISSION
Power Supplier: Electric Industry
|
|
Power User: Henan Jinding Chemical Industry
Co., Ltd.
|
|
|
|
|
|
Legal Address: No 3 of Xinheng Rord
|
|
Legal Address: Liu Li Peng of West Town
|
|
|
|
|
|
Legal Representative: Cui Xinzhu
|
|
Legal Representative: Zhou Dianchang
|
|
|
|
|
|
Authorized Procurator: Hao Yaodong
|
|
Authorized Procurator: Li Donlai
|
|
|
|
|
|
Phone: 2131898
|
|
Phone: 2168158
|
|
|
|
|
|
Fax:
|
|
Fax:
|
|
|
|
|
|
Post Code:
|
|
Post Code:
|
|
|
|
|
|
Bank of Deposit:
|
|
Bank of Deposit:
|
|
|
|
|
|
Account No:
|
|
Account No:
|
|
|
|
|
|
Taxation No:
|
|
Taxation No:
|
CONFIDENTIAL INFORMATION
OMITTED AND FILED SEPARATELY
WITH THE SECURITIES AND
EXCHANGE COMMISSION
ASTERISKS (*****) DENOTE
SUCH OMISSION
In order to
clarify rights and obligation in power supply and use of both power
supply enterprise (thereinafter called as the Supplier) and power
using unit (thereinafter called as the User), and supply and use
electric power safely, economically, reasonably and orderly, this
contract is concluded by agreement of both the Supplier and the
User, according to the regulations of Electric Power Law of the
People Republic of China , Electric Power Supply & Use
Regulations and Power Supply Business Rules , so as
for both parties to keep faith and perform strictly.
Ⅰ. User address,
electric consumption property and capacity
|
1.
|
User
address: Liu Li
Peng of West Town
|
|
2.
|
Electric
consuming property
|
|
( 1 )
|
Industry
classification: chemical industry
|
|
( 2 )
|
Power
classification: large industry
|
|
( 3 )
|
Load property:
important load (important load/common load)
|
|
( 4 )
|
Production
shift: three shifts, weekly day off
|
According to
the application of the User, the Supplier confirms there is one
power receiving point with the User. Total capacity of power
receiving equipment is 30950 KVA. Safety capacity
KVA, generating power capacity provided by the User KW.
Where:
There are
9 receiving transformers in the power receiving point in
Henan Jinding Chemical Industry Co., Ltd. total 30950
KVA, (for multiple transformers)running mode is in
parallel.
Receiving high voltage motors in the
power receiving point,
sets, total KW
(regarding as KVA), running mode is
Receiving transformers in the power
receiving point,
sets, total
KVA (for multiple transformers), running mode is
Receiving high voltage motors in the
power receiving point,
sets, total KW
(running mode is KVA), running mode is
CONFIDENTIAL INFORMATION
OMITTED AND FILED SEPARATELY
WITH THE SECURITIES AND
EXCHANGE COMMISSION
ASTERISKS (*****) DENOTE
SUCH OMISSION
|
1.
|
The Supplier
supplies the User with three-phase AC 50HZ power supply, adopting
single (single/double/multiple)power source, with
single (single/double/multiple)circuit supply to
User.
|
|
( 1 )
|
The Supplier
supplies the power receiving point of Henan Jinding Chemical
Industry Co. Ltd. with power of 35 KV voltage from Luoshan
110 thousand distributing substation, through special line of
aerial cable (aerial cable /line cable) sent by the switch
of Luohua 35 . Power supply capacity is 30950 KVA
(KW).
|
|
( 2 )
|
KV voltage, from
line
branch (public/common)
through bar, is
supplied to User
power
receiving point. Power supply capacity is
KVA
(KW).
|
|
( 3 )
|
The Supplier
supplies KV
voltage busbar from
power plant,
through the switch
of outlet, to
power receiving
point with direct distribution. Power supply capacity is
KVA(KW).
|
3. Standby
electric power
(1) The
Supplier supplies
KV voltage from
distributing substation, through special line of
(aerial cable /line
cable) sent by the switch of outlet
to the power receiving
point of , as production
standby power of the User. Power supply capacity is
KVA
(KW).
(2) The
Supplier supplies KV voltage, from
line
branch
(public/common) through bar,
to the User
power receiving point, as production standby power of the User.
Power supply capacity is
KVA
(KW).
( 1 ) The Supplier supplies
KV
(special /
public/common)line as safety power supply of the User. Safety
electric quantity is KVA,
minimum safety electric power is
KW.
( 2 ) The User
takes the following electricity or non-electricity measures to
prevent accident power cut of power grid from influencing
safety;
a.Generator
provided by the User
KW, installed in place, or
adopting UPS VA, installed in the place of
.
CONFIDENTIAL INFORMATION
OMITTED AND FILED SEPARATELY
WITH THE SECURITIES AND
EXCHANGE COMMISSION
ASTERISKS (*****) DENOTE
SUCH OMISSION
b.
Non-electricity safety measures are
.
5. Without
approval of the Supplier, the User must not transfer power supply
to the third party. Entrusted by the Supplier, the User agrees that
its
distributing substation (line) transfers power supply to the unit
of . Electric capacity
transferred
KVA, electric power transferred
KW. For the
matters concerning power supply transferred, an additional contract
about power supply transfer shall be signed by the Supplier, the
transferring party and the transferred party.
6. For specific
power supply connection mode, see attached figure Schematic of
Power Supply Connection & Property Right
Division.
|
1.
|
In normal
condition of power system, the Supplier supplies power to the User
according to electric energy quality standard regulated in
Power Supply Business Rules .
|
|
2.
|
Power factor
and interference and influence produced by harmonic source load,
impulse load, fluctuation load and dissymmetry load in using with
the User shall comply with national codes. Otherwise, the Supplier
shall not guarantee the regulated electric energy
quality.
|
|
3.
|
In normal
condition of power system, the Supplier shall supply power
continuously. However, in order to make sure public safety of
electric power system and maintain normal power supply order, the
Supplier may cut power off according to law and prior notification,
and the User shall cooperate.
|
Ⅳ. Power consuming
measureme nt
|
1.
|
According to
the national regulations, the Supplier installs power consuming
measuring devices at all power receiving points of the User. The
records of power measuring devices are the basis of electricity
charge calculation for the User.
|
|
2.
|
Power consuming
measurement is taken: with high voltage (measured at high
voltage / measured at low voltage).
|
|
3.
|
Power consuming
measuring devices are separately installed at:
|
a. the
high-voltage house, Luoshan 110 thousand distributing
substation
CONFIDENTIAL INFORMATION
OMITTED AND FILED SEPARATELY
WITH THE SECURITIES AND
EXCHANGE COMMISSION
ASTERISKS (*****) DENOTE
SUCH OMISSION
|
4.
|
Main parameters
of consumption measuring device are in following table:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3-phase 3-line
active electric energy meter
|
|
SD864 1.5(6)A
100V
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3-phase 3-line
reactive electric energy meter
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5. When the
installing location of electricity-using gauging device
doesn’t correspond to the place of equity demarcation, the
owner of equity should be responsible for the losses of circuit and
electric transformer. The circuit loss monthly (increase/decrease),
the iron loss of electric transformer
(increase/decrease), the copper loss of electric transformer
(increase/decrease), the quality of loss electricity is apportioned
into all types of qualities of electricity using, and then
calculate the electric charge separately.
6. When the
electricity user doesn’t use electricity by classification
according to the electricity charge, the quantity of electricity
that the supplier couldn’t measured by installing the
electric meter, make an appointment that calculate the electricity
according to
kilowatt-hour monthly, or according to
percentage of the quantity monthly. With the changing of
electricity using composing ratio and total amount, the electricity
supplier should check and ratify it once yearly at least, and the
user should accept.
V.
Reactive compensation and power factor
1. The total
capacity of reactive compensation device set by use is
kilovar, including: condenser
kilovar, compensator
kilovar.
2. The power
factor of electricity user should achieve 0.95 in
electricity using peak period.
3. The supplier
installs the reverse wattles electric energy meter (or duplexing
wattles meter) in
place of user. The user should install and switch reactive
compensation device
