|
BIZCHINA> Top Biz News
![]() |
|
Related
Huaneng eyes Australian power assets
(Agencies)
Updated: 2008-05-09 09:16 Huaneng Power, China's largest power company, may join the bidding for power assets slated for sale by Australia's New South Wales state, Sydney Morning Herald newspaper said on Friday. Huaneng has asked its Australian team to follow the New South Wales state privatisation process and send suggestions back to senior management, the paper reported, citing an unidentified source with knowledge of Huaneng's foreign investment plans. "Besides power generation, coal mining and coal supplies, uranium is another area (Huaneng) are interested in for (their) own nuclear power generation," the paper quoted the source as saying. New South Wales state premier, Morris Iemma, said on Sunday he would push ahead with plans to privatise the state's power assets even though his own ruling party had voted against the proposal. The state government hopes to raise about A$15 billion ($14.2 billion) to fund infrastructure projects. It has yet decide on privatisation options, which could include trade sales or listing of a new entity on the Australian stock exchange. Origin Energy, AGL Energy and Hong Kong utility CLP Holdings' TRUenergy unit have been considered trade bidders for the retail arms of the New South Wales power assets, while UK's International Power Plc has also expressed interest in the power assets. Huaneng, which paid $3 billion to buy a Singapore power plant last month, has stakes in two power plants in Australia's Queensland state. (For more biz stories, please visit Industries)
|
门源| 浙江省| 班玛县| 麟游县| 囊谦县| 辽中县| 上林县| 肥乡县| 奉化市| 内黄县| 项城市| 四会市| 巴塘县| 莱州市| 康保县| 佛学| 穆棱市| 西城区| 麻城市| 东城区| 古丈县| 五指山市| 丰顺县| 类乌齐县| 天峻县| 扬中市| 丁青县| 商水县| 寿宁县| 海伦市| 佛山市| 英山县| 丰原市| 莒南县| 孟州市| 静安区| 桃园市| 全州县| 瓦房店市| 周口市| 铁岭县|