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BIZCHINA / Investment Alerts

Energy: New projects in China

Updated: 2006-04-03 14:52

China National Offshore Oil Corporation (CNOOC) announced on Friday that its huge petrochemical project, a joint venture with Royal Dutch Shell, off the South China Sea has begun formal production. (Xinhua)

Guangdong is expected to start construction of three nuclear power plants this year, including the biggest such energy project on the country’s drawing board, the Yangjiang power station, a China Business News report said. (SD-Agencies)

China will miss ambitious targets for wind power development unless the government reverses its decision to award projects through a bidding system, analysts and industry sources said Friday. (SD-Agencies)


(For more biz stories, please visit Industry Updates)