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2003-11-3 11:16:00 a.m. HKT, XFNA
HK's EnerChina to purchase equipment to expand Shenzhen power plant
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HONG KONG (AFX-ASIA) - Enerchina Holdngs Ltd (622.HK) said its 70
pct-owned subsidiary Shenzhen Fuhuade Electric Power Co Ltd has signed an
agreement to purchase 20.93 mln usd worth of power generation equipment and
647,700 usd worth of related services from the General Electric Group.
Fuhuade has also agreed to purchase from Hangzhou Guolu Group Ltd 47.80
mln yuan worth of equipments and related services.
It said the purchases are being made as part of its plan to expand the
capacity of Fuhuade's power plant in Shenzhen.
(1 usd = 8.30 yuan)
peter.chan@afxasia.com
ptc/skb
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