BVI-located company A-Power Energy Generation Systems Ltd. has made an announcement that last week it signed an agreement with Thailand company the provider of distributed power generation systems in China.
The deal, which is US$86 million worth, is for developing a 150-megawatt biomass power plant in Prachinburi, Thailand. The BVI company will design the power station, procure and install the three main engines and other auxiliary equipment. By terms of this agreement, A-Power will also be the general contractor for the five main power station systems. The work over the plant project has already started this month and is to be completed in two years and three months. , through its Chinese operating subsidiaries, is the leading provider of distributed power generation systems in China. This year, it started several power generation projects in China and Thailand.
A-Power, through its Chinese operating subsidiaries, is the leading provider of distributed power generation systems in China. This year, it started several power generation projects in China and Thailand.
Last week on Tuesday, BVI company’s shares rose 5 per cent and made $20.51. In the past year, company’s shares have traded as low as $3.