Last Updated :
02 September 2009 at 16:30 IST
Petro-China in deal with Huaneng for power projects
Commodity Online Petro-China (SHA: 601857) announced that it has partnered with Huaneng Power International (SHA: 600011) to collaborate on natural gas power generation projects. The deal shall facilitate Huaneng to increase its clean energy power generation installed capacity,
Trading platform that even a 5 year old can trade. Join now Petro-China Co. Ltd. is an oil and gas producer and seller in the People’s Republic of China (PRC). Huaneng Power International Inc. is principally engaged in the investment, planting, operation and management of power plants.
Petro-China which currently produces 79.7% of China's natural gas also clarified that it would also cooperate with Huaneng in Singapore and other overseas projects. Notably, Petro-China paid US$1.02 billion for a 45.5% stake in (SIN: S99) in May 2009
Petro-China gained 0.93% at Shanghai Stock Exchange and closed at 12.98. It touched a 52-week high of 16.55 and low of 9.71.
MCX CHANADEL 01 January 2020
contract was trading at
Rs 0 . What's your view on it?
After reading this article, people also read:
