Anhui to invest US$ 8.8 bln in new energy projects
News Archive - Coal & Electric Power -September news )

(ChinaCoalResource, Sept 22, 2006) China's eastern Anhui Province, where the Huainan and Huaibei coal mines are located, plans to invest 70 billion yuan (US$8.8 billion) over 2006-2010 to establish 17 new coalmine projects, 13 electric power projects and 9 coal chemical projects.

Once completed Huainan will be East China's largest coal chemical base and an important heavy chemical production base for the whole country.

Under the plan, Huainan will boost annual coal output capacity to 120 million tons and installed power generating capacity to 10 million kilowatts by 2010.

Huaibei boasts 6.8 billion tons of coal reserves and a coal gas reserve of over 300 billion cubic metres.
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