09.04.2013 Shanghai Electric
Shanghai Electric Group Company Limited (“Shanghai Electric”, or the “Group”) signed contracts with Shanghai Huadian Fengxian Thermal Power Company Limited for supply of two sets of 400MW Gas-steam Combined Cycle units on 2 April 2013. Invested by China Huadian Corporation, the projects have been listed as key development in Shanghai. With hope to instill new impetus to Shanghai’s power supply, the projects are expected to commence construction in October 2013 and commence power supply by December 2014 and April 2015 respectively.