Chinese power companies to invest in Shanxi
Five Chinese electric power companies will each invest US$14.9 million in Shanxi province.
The China Business News reported that China Huaneng Group, China Huadian Corporation, China Power Investment Corporation, China Guodian Corporation and China Datang Corporation are among the ten state-owned enterprises that will invest a total of US$ 119.2 billion in the province during the 12th Five-Year Plan period.
Contracts have already been signed.
China National Offshore Oil Corporation also committed to invest US$14.9 million in Shanxi province to develop coal gasification.
China Huaneng Group has obtained approval to integrate coal mines in Dongshan, Taiyuan.
In addition, China Huaneng Group will construct a coal gas project with a capacity of 4 billion cubic meters and a power generation project in the industrial park in Taiyuan.
|
|
Sign up for our weekly newsletter
|
Do you know more about this story? Contact us anonymously through this link.
Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.
