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Utilities Online Article |  | |
Shenyang, China, Mar. 17, 2008 -- A-Power Energy Generation Systems Ltd. (A-Power) announced that it has entered into an agreement with Inner Mongolia Wulahot Hengwang Heat & Electricity Generation Co. Ltd. (Hengwang) to increase the size of its existing contract worth $175 million by approximately $105 million to $280 million.
The initial contract entered into between A-Power and Hengwang was for the construction of a 300 MW stand-alone distributed power generation facility for a new development zone located in Inner Mongolia. As a result of the decision by the Inner Mongolian government authorities to enlarge the size of the development zone area, Hengwang is increasing the size of the planned distributed power generation facility from 300MW to 400MW. The construction of the new facility is expected to be completed in January 2010.
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