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Did Xu Kuang buy the equity of Kanshan Power Plant?
Jiangsu Lushan Power Generation Co., Ltd. is located in jiawang district, Xuzhou City, Jiangsu Province, about 45 kilometers away from the urban area. The first phase of the project is jointly funded by Shanghai Electric Power Co., Ltd., Jiangsu Guo Xin Asset Management Group Co., Ltd., Xuzhou Mining Group Co., Ltd. and Xuzhou Huaxing Investment Company, with a planned total installed capacity of 3.2 million kilowatts.
The planned installed capacity of the company is 3200MW, of which the first phase is to build a 2×600MW ultra-supercritical coal-fired generator set, which is jointly funded by Shanghai Electric Power Co., Ltd., Jiangsu Guo Xin Asset Management Group Co., Ltd., Xuzhou Mining Group Co., Ltd. and Xuzhou Huaxing Investment Co., Ltd. according to the investment ratio of 55%, 20%, 20% and 5%.
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