Datang to invest in three power plants

Datang International Power Generation has been given clearance to build three new power plants in Fujian, Guangdong and Zhejiang provinces at a total cost of US$2.6 billion. The Beijing-based company said in a statement that the new plants, in which it will hold majority stakes, will add 4,800 megawatts to its current capacity of 11,250 megawatts. Already China's second-largest listed electricity supplier, Datang plans to almost double its capacity to 20,015 MW in 2006 to meet soaring demand.