SEC, CPI JOIN FORCES TO EXPAND OVERSEAS POWER MARKET

AsiaInfo Services, June, 2006

AsiaInfo Services 06-30-2006 SEC, CPI Join Forces to Expand Overseas Power Market SHANGHAI, Jun 30, 2006 (SinoCast via COMTEX) -- Shanghai Electric (Group) Corporation and China Power International, two major players of the Chinese power market, have formed a strategic alliance to expand overseas power market hand in hand. The two companies entered into a framework partnership agreement in Shanghai on June 28, which indicates the two sides will launch all-round cooperation on the strength of respective edges. As a flagship of China Power Investment Corporation, one of five power groups in the country, China Power International is not only the company responsible for the parent's development, construction, management and operation across the nation, but also a...

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