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    coal-investing

    China Power in $784 million JV with China Coal

    Investing News Network
    Nov. 02, 2011 07:19AM PST
    Industrial Metals Investing

    Reuters reported that China Power International Development Limited (HSE:2380) and China Coal Energy Co Ltd (HSE:1898) will jointly operate a northern Chinese coal-fired plant.

    Reuters reported that China Power International Development Limited (HSE:2380) and China Coal Energy Co Ltd (HSE:1898) will jointly operate a northern Chinese coal-fired plant.

    As quoted in the market news:

    As part of the deal, the venture will acquire two 600-megawatt super-critical coal-fired power generation units from China Power’s wholly-owned subsidiary.

    Click here to read the full Reuters report.

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