The UK company National Power is to invest $250 million in two power station projects in China. The two plants, in Hunan and Fujian, will have a combined generating capacity of just under 1000 MW.
The Hunan project involves construction of the 700 MW Changsha coal-fired power station. National Power will hold a 100 per cent interest in the build-own-transfer project, which will cost over $700 million. It will be constructed by ABB. Work is due to start next year and the plant is scheduled to enter service in 2001.
In Fujian, the UK company will take a 49 per cent stake in the 250 MW Shaowu coal-fired project. This $130 million plant is already under construction.
National Power’s partner in Shaowu is Fujian Provincial Electric Power Bureau.