H share Shandong International Power Development has clinched two deals in Ningxia worth 5.26 billion yuan, enabling it to take part in China’s ambitious west-to-east electricity transmission project. The company, the largest independent power producer in Shandong, yesterday signed agreements in principle to develop two power plants in Ningxia, NW China. Shandong International will hold 70% of a power plant at Lingwu, with a planned installed capacity of 3600MW. It will also hold 20% of a power plant at Zhongning, with a capacity of 600MW.
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