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Framework Agreement on China Resources (Jiaxing) Thermal Power Project Is Signed.

Framework Agreement on China Resources (Jiaxing) Thermal Power Project Is Signed.

Write: Shahar [2011-05-20]

Framework Agreement on China Resources (Jiaxing) Thermal Power Project Is Signed.

Framework Agreement on China Resources (Jiaxing) Thermal Power Project was officially signed in Jiaxing on 8th, June. This project is to be built in Dushan port, with a total investment of 3 billion yuan, and an installed capacity of 600,000 KW.

With a history of 72 years, China Resources Group, a central government-led enterprise registered in Hong Kong, has 7 listed companies in Hong Kong and the Mainland. It engages in electric power, real estate, consumer goods, medicine, finance, cement and natural gas. It is learned that with an asset in electric power exceeding 130 billion yuan, it is one of the first-class power-generation enterprises, and ranks No. 18 in the list of global independent power generation enterprises and electric power traders, and its installed capacity is expected to exceed 40 million KW next year.

China Resources Group decides to build a thermal power plant in Dushan port, Pinghu city because of the excellent investment environment there and the rapid economic development in Jiaxing. It is learned that the infrastructure in Dushan is getting better and better owing to its development in recent years.