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[Hong Kong Stock Connect] CHINA POWER (02380) upgrades wastewater treatment facilities for 79.8 million yuan.
Jingu Financial News | CHINA POWER (02380) announced that its subsidiaries, Pingwei No. 2 Power Plant and Pingwei No. 3 Power Plant, in which it holds a 60% stake, have signed two general contracting contracts regarding the upgrading of wastewater treatment facilities with Yuanda Water Affairs, with a total price of approximately 79.8 million yuan (about 85.809 million HKD). According to the announcement, Yuanda Water Affairs, as the general contractor, will provide equipment procurement, installation construction, and other services for the wastewater treatment facility upgrades at Pingwei No. 2 and No. 3 Power Plants. The wastewater treatment facility upgrade project reflects the aim to reduce waste and conserve freshwater resources. Traditionally, coal-fired power plants consume a large amount of water during the flue gas desulfurization process.
China Power Secures Wastewater Upgrade Deals With Yuanda
CHINA POWER (02380.HK): Pingwei II Power and Pingwei III Power have entered into a general contracting agreement.
On December 19, Glorious Holdings reported that CHINA POWER (02380.HK) announced that on December 19, 2024, Pingxie No. 2 Power and Pingxie No. 3 Power (both subsidiaries with a 60% equity stake owned by the company) signed General Contract I and General Contract II with Yuanda Water Affairs. According to these general contracts, Yuanda Water Affairs will provide services for the upgrading project of the wastewater treatment facilities for Pingxie No. 2 Power and Pingxie No. 3 Power at a total price of 79,802,500 yuan.
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