China's State Nuclear Power Technology Corp has won contracts to design power plants in India, as it expands overseas in the face of slowing orders in the domestic power market.
The firm's Shandong unit and a power construction company in the eastern province will help design two 1,980-megawatt coal-fired power plants in India, a State-owned Assets Supervision and Administration Commission statement said.
State Nuclear is actively expanding overseas as construction of new coal-fired power projects has "substantially dropped' in domestic market, the statement said.
China's power demand is weakening due to a slowdown in manufacturing and industrial activities amid an economic downturn and industry officials have said there may be a surplus of electricity next year.
2009.01.12
Source: China Daily
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