China to build 4,000-MW coal-fired plant

ANKANG, CHINA - The Huadian Shaanxi Energy Company, a subsidiary of China Huadian Corporation, has signed a joint-venture agreement with the Shaanxi Coal & Chemical Industry Group Company to build the 4,000-megawatt (MW) coal-fired Ankang Power Plant in Ankang, Shaanxi.

China Huadian signed a framework agreement in August 2007 to build the $2.2 billion power plant. In January 2008, the company signed a cooperation agreement with the municipal government of Chongqing and the government of Shaanxi province to build the project.

The project is scheduled to start construction this year and begin operation in the beginning of the Twelfth Five-Year Plan (2011-15). Upon completion, the project will not only help to meet the power demand in Shaanxi, but also transmit power to Chongqing through the northwestern power grid.



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