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          BIZCHINA> Top Biz News

          


          

          
          		

          

          


          

          


          

          



          

          


 

          


          


 

          


          

          


 

          



          Huaneng Power buys stake in Qidong Windpower
          


          By Zhang Qi (chinadaily.com.cn)
          
 Updated: 2009-04-02 15:44
          



 

          Huaneng Power International announced on Thursday that it would purchase a 65 percent stake of Qidong Windpower for 103 million yuan ($15.07 million) from its parent company Huaneng Group's subsidiary Huaneng Renewable Energy Co. 


          

          

          


          


          


          


          


          


          


          Related readings:
          
          Huaneng Power buys stake in Qidong Windpower BOC lends $99.45m to Huaneng in acquisition loans
          
          Huaneng Power buys stake in Qidong Windpower Huaneng Power sets 2009 capital expenditure of 33b yuan
          
Huaneng Power buys stake in Qidong Windpower Huaneng gears up nuke plant
          
          Huaneng Power buys stake in Qidong Windpower Costlier coal hits Huaneng hard
          

          
          		

          
          

          
          		

          
          

          
          		

          
          

          

The first-phase project of Qidong Windpower has a total installed capacity of 91.5 megawatts with an investment of 946 million yuan.
          


          The company said annual power generation could reach 200 million kWh since the wind farm went into commercial operation in March.
          


          

          (For more biz stories, please visit Industries)
          

          

          

 



 



          


          


 

          

          

          


          

          


 

          


          


 

          


          


 

          


          


          


 

          

          

          
          		

          

          








           
          


           
          



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