tiprankstipranks
Company Announcements

CGN Power Co. Commences Construction of Lufeng Unit 1

Story Highlights
CGN Power Co. Commences Construction of Lufeng Unit 1

Discover the Best Stocks and Maximize Your Portfolio:

CGN Power Co ( (HK:1816) ) has issued an announcement.

CGN Power Co., Ltd. has announced the commencement of full construction for Lufeng Unit 1, a nuclear reactor with an installed capacity of 1,245MW, set to begin on February 24, 2025. This development marks a significant step in the company’s expansion efforts and is expected to enhance its operational capabilities within the nuclear power industry.

More about CGN Power Co

CGN Power Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the energy sector. The company focuses on nuclear power generation, with its efforts directed towards the construction and management of nuclear power plants.

YTD Price Performance: -0.05%

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $23.81B

For detailed information about 1816 stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1