HONG KONG (AFX-ASIA) – Huaneng Power International Inc said it has signed an equity transfer agreement with Huaian Investment Co Ltd for the latter to transfer a 19.48 pct stake along with development rights of the phase II project of Jiangsu Huaneng Huaiyin Power Generation Ltd Liability Co for 185 million yuan. (US$1=8.28 yuan). Following…
CHINA: Huaneng Power adds 19.48% stake in Huaiyin power plant for 185 million yuan
Posted on January 9, 2003 by EnergyAsia