CGN Power Co (HK:1816) has released an update.
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CGN Power Co., Ltd. has received approval from the State Council for the construction of new nuclear power generating units, with plans to commence full construction upon obtaining necessary permits. These units, distributed among three subsidiaries, will significantly enhance capacity, with individual units capable of generating over 1,200 MW each. Investors are encouraged to consider the potential growth from this expansion while remaining cognizant of investment risks.
For further insights into HK:1816 stock, check out TipRanks’ Stock Analysis page.