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00611 CNE TECH CORP
RTNominal up0.320 +0.005 (+1.587%)
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13/12/2021 11:00

CNE Tech Corp signs procurement & construction agreement

[ET Net News Agency, 13 December 2021] China Nuclear Energy Technology Corporation
Limited (00611) said Yangjiang Zhonghe (an indirect wholly-owned subsidiary of the
company) (as principal) entered into the procurement and construction agreement with the
contractor for the development of the photovoltaic power station with a total capacity of
50MW in Yangjiang City, Guangdong Province of the PRC.
The consideration of the agreement is RMB196,838,299. It is expected that the Yangjiang
Photovoltaic Power Station will be connected to grid on or before 30 December 2021 and the
construction work shall be completed on or before 31 March 2022. Upon completion of the
construction, the Yangjiang Photovoltaic Power Station shall be owned and operated by the
group. (RC)

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