China Energy Corp Wins Major Power Project Bid

China Energy Engineering Corp. Ltd. Class H (HK:3996) has released an update.

China Energy Engineering Corporation’s subsidiaries have successfully won a significant bid worth approximately RMB5.89 billion for a 2×1000MW coal-fired power project in Jieyang, marking a major milestone in the company’s expansion within the energy sector. This project, in collaboration with the State Power Investment Corporation, is expected to be completed in 27 months, although formal contracts are yet to be finalized. Investors should remain cautious due to existing uncertainties.

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