Beijing Jingneng’s Hydropower Halt Earns Compensation

Beijing Jingneng Clean Energy Co., Ltd. Class H (HK:0579) has released an update.

Beijing Jingneng Clean Energy’s subsidiary, Sichuan Dachuan Power, has agreed to disconnect its four hydropower stations in Sichuan Province from the grid to protect the ecological environment of the Giant Panda National Park. The company will receive RMB 440.64 million in compensation for ceasing operations, as evaluated by a third-party appraisal.

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