China Shenhua Energy Completes Trial Operation of Indonesian Power Project

An announcement from China Shenhua Energy Co ( (HK:1088) ) is now available.

China Shenhua Energy Company Limited announced the successful completion of the 96-hour trial operation of Unit No. 2 of the South Sumatra No. 1 Independent Power Project in Indonesia. This milestone marks the full construction and operational commencement of two 350 MW supercritical coal-fired power generating units, which are expected to significantly alleviate local power supply pressures and support energy security, as well as economic and social development in the region.

The most recent analyst rating on (HK:1088) stock is a Hold with a HK$28.00 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.

More about China Shenhua Energy Co

China Shenhua Energy Company Limited is a major player in the energy sector, primarily focusing on coal-fired power generation. The company operates internationally, with significant projects aimed at enhancing energy security and supporting economic development.

Average Trading Volume: 20,045,190

Technical Sentiment Signal: Buy

Current Market Cap: HK$800.8B

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