China Huadian Corporation

     On 2nd June, CCCE and China Huadian Hong Kong Co.,Ltd (hereinafter referred to as Huadian Hong Kong) signed a Memorandum of Understanding for Chittagong 1320MW Coal-Fired Power Plant Project(hereinafter referred to as MOU) in Beijing.

     As a major investment subject and a window of overseas projects of China Huadian Corporation, Huadian Hong Kong mainly engages in investing, constructing, operating and managing power plants, coal projects as well as related investing and financing activities.

     Based on the principles of Resources Consolidation, Advantages Complementary, Common Development and Promotion, CCCE and Huadian Hong Kong signed the MOU to exclusively cooperate on and push forward the Chittagong 1320MW Coal-Fired Power Plant Project. The MOU aims to take full advantage of Huadian Hong Kong’s rich resources and experience both at home and abroad, and CCCE’s acquaintance of Bangladesh power development policies and power projects operation regulations, as well as its abundant resources of technology, information, personnel and relations in Bangladesh.

    CCCE and Huadian Hong Kong both agree that, the MOU will help both sides make the most of its advantages to collaborate in developing Bangladesh energy investment field. And also, it will promote the progress and market competitiveness of both sides, and get mutual benefits for the two companies.