Puda Coal helps power rural China

Feb. 6, 2009 at 3:40 PM

TAIYUAN , China, Feb. 6 (UPI) -- China's Puda Coal has signed a letter of intent to help consolidate coal mines and build a coal plant in a county in Shanxi province.

The metallurgical coking coal supplier announced in a statement it will consolidate six coal mines in the county and construct a 135-megawatt coal power plant to provide power locally.

The letter was signed by Zhu Liping, chief executive officer and president of Puda Coal, and the local government in the Shanxi province county.

"We are excited about this opportunity and view this letter of intent with the county government as a step forward in our efforts to enter into the coal mining industry and extend our reach along the coal value chain," Zhu said.

Related UPI Stories
Latest Headlines
Trending Stories
One arrested after Philadelphia college lockdown
Boehner delays House vote for new speaker
NASA releases thousands of Apollo mission photos on Flickr
Snowden: U.S. won't respond to offers to serve prison time
FDA approves new treatment for advanced lung cancer