BEIJING, Oct 28, 2008 (Xinhua via COMTEX) -- HPIFF | Quote | Chart | News | PowerRating -- Construction of a 300-MW power generating mill is well under construction in Kailu County, the Inner Mongolia Autonomous Region by two subsidies of China's top state- owned power generation enterprise China Huadian Corporation (CHD).
The project involves a total investment of 2.42 billion yuan with Huadian Power International Co., Ltd. (600027.SH; 1071.HK) and China Huadian Hong Kong Co., Ltd. taking 75 percent and 25 percent stakes, respectively. It's designed to install 200 wind power-generating sets in the wind power mill, with capacity of each set being 1.5 MW. Covering an area of 88 square km, the project is expected to go into operation in 2010 with an annual power output of 646 million kWh. Huadian Power International Co and China Huadian Hong Kong Co. are franchised to operate this plant for 25 years. China plans to build Kailu into a wind power-generating base with capacity at 1,000 MW.