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EESTECH CLEAN COAL TECH AWARDED US$100 MLN CONTRACT IN CHINA.
Publication: AsiaPulse News Publication Date: 28-NOV-06 |
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COPYRIGHT 2006 Asia Pulse Pty Ltd
(Full text of a statement. Contact details below.)
SYDNEY, Nov 27/Medianet International-AsiaNet/ - Renewable energy and water purification specialist EESTech Inc., (EESH.OB) has been awarded a purchase agreement contract worth million by Liaoning Fuxin Coal Group of Northern China for a 10 megawatt power plant.
The agreement to build a 10 megawatt HCGT power generating capacity represents the first stage of a two stage contract.
Stage two will involve the construction of an additional 20 megawatt capacity with the total 30 megawatts that will be produced being purchased by the Fuxin Coal Group under a twenty year power purchase agreement.
The Fuxin Coal Group is one of the largest coal companies in China, with Northern China coal resources accounting for 49.25 per cent of the nationally available reserves. China is the biggest coal producer...
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