China's largest power producer, Huaneng Group, last week signed an agreement with two local companies in North China's Shanxi Province to invest in a coal mine which involves a total investment of 110 million yuan (US$13.5 million).

Huaneng owns 39.2 per cent in the joint venture, while Yangquan Coal Group controls the majority 58.8 per cent. The mine is designed to produce 900,000 to 1.5 million tons of coal by the end of 2006, and 7.5 million to 8 million tons by 2008 when a new mine is added.

Office building complete

China Cental Place Phase I, an A-grade office complexe with a gross building area of 210,000 square metres, was completed recently.

Located in the capital city's Central Business District, a hub of headquarters of multinationals and foreign institutions, China Central Place is to meet the demand of high-end clients.

The supplementary facilities include shopping centres, super-five-star hotels, as well as residential communities.

SHANGHAI

Gas turbine delivered

Shanghai Electric Group Corp (SEG) recently delivered its first advanced F-class gas turbine, manufactured with Siemens technology, to the city's Shidongkou Gas Power Plant as part of the orders secured by both partners to supply nine gas turbines for four power plants in China.

The gas turbines will be delivered by June next year with three to Shidongkou Power Plant, two to Xiaoshan in Zhejiang Province, two to Zhengzhou and two to Zhumadian in Henan Province.

(China Daily 08/30/2005 page10)