皇冠体育app

Economy

Markets

Industries

Insights

Reports

Events

皇冠体育app Power to inject hydro projects into listed unit

(Agencies)
Updated: 2009-03-03 17:38

皇冠体育app Power Investment Corp (CPIC) aimed to inject its hydropower projects into its Hong Kong-listed electricity generation unit, 皇冠体育app Power International, in the first half of 2009, a senior executive said on Tuesday.

皇冠体育app Power International has not yet completed negotiations on its 2009 coal contracts, said Li Xiaolin, vice-president of CPIC.

Li, who is also chairman of 皇冠体育app Power International, said coal contract prices should be cut by 5 percent to 10 percent this year from last year.