A-Power Energy Generation Systems to build new power plant in Thailand

The Chinese company A-Power Energy Generation Systems Ltd. will build a power plant in Thailand.

A-Power Energy Generation Systems Ltd. announced that it has signed a memorandum of understanding with National Power Supply Co. Ltd., a subsidiary of Advance Agro Public Co.

A-Power Energy Generation Systems Ltd. will construct a $300 million, 600-megawatt distributed power generation plant in Thailand's Chachoengsao province.

In its announcement, the company said the project is expected to begin in August and probably will take about three-and-a-half years to complete and the project will be the largest distributed power project for the company.

http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?capId=32392883, 24.07.2008

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