China Huadian constructs thermal power plant in Bali

David Nealis in Bali

China Huadian constructs thermal power plant in Bali
China Huadian Corp, one of China’s five largest state-owned power generation enterprises , started construction of a thermal power plant in Bali, Indonesia. The new facility will be the fourth power facility that China Huadian has built in Indonesia. The thermal power plant is designed to power three 142MW generators and is expected to go into operation in 2014. No details of the deal have been disclosed, but a company official said the launch of the thermal power plant will support electricity supply to accelerate tourism development for the Bali Island.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

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