OTCPK:LLEN - Post Discussion
Post by
brotherM1 on May 12, 2013 6:37pm
Guanxi power plant status
A post below from our friend Sharpei about 15 months ago. I wonder how far along Shenhua's eight power plants are now?
Interesting Synergy...(links) 21-Feb-12 08:18 pm
https://www.map-of-china.org/china-map-80...
'The customs authority in the regional capital of Nanning said in a release on Tuesday that ports in Guangxi recorded a total throughput of over 27 million tonnes of coal in 2011, up 61.3 percent over the previous year and accounting for 15 percent of China's total.
Guangxi is not a coal production region. With increasing demand for power from local industrial users, coal imports have grown fast, as the draught-hit area struggles to meet capacity through hydropower.
China's largest coal producer -- China Shenhua Group Co. Ltd. -- signed an agreement with the Guangxi regional government late last year to build Asia's largest thermal power project in Beihai city. It will boast eight power generators with a capacity of one million kw each in five years.'
https://news.xinhuanet.com/english/china/...
With Guizhou directly north and Yunnan directly east of Guangxi province, both are strategically situated to deliver coal* and 61% of Guangxi coal imported from Indonesia, Viet Nam and Australia. Imports were up 61% in 2011.
Shenhua Group contracted to build eight power plants and Jincai Yang, former sr. exec. of Shenhua now assisting LLEN can we say that 'It's what you know AND who you know that counts, Dickson Lee.
* Need to check if rail lines are available. If so, booyah!
Sharpei
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