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    China Power to inject hydro projects into listed unit
    


    (Agencies)
    
 Updated: 2009-03-03 17:38
    



 

    

    China Power Investment Corp (CPIC) aimed to inject its hydropower projects into its Hong Kong-listed electricity generation unit, China Power International, in the first half of 2009, a senior executive said on Tuesday.
    


    China Power International has not yet completed negotiations on its 2009 coal contracts, said Li Xiaolin, vice-president of CPIC.
    


    Li, who is also chairman of China Power International, said coal contract prices should be cut by 5 percent to 10 percent this year from last year.
    


    

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