China's Complant to Build Solar Plants Worth USD232.5 Million in Vietnam
Xu Wei
/SOURCE : yicai
China's Complant to Build Solar Plants Worth USD232.5 Million in Vietnam

(Yicai Global) June 14 -- China National Complete Import & Export, also known as Complant, has won a bid to build three photovoltaic power stations with an estimated contract worth of USD232.5 million in southeastern Vietnam. 

The firm penned an engineering, procurement and construction contract with Sa Pa Non-Ferrous Metals, the Beijing-based firm said in a statement today. The value of the project will be decided later. 

The three planned plants in Binh Phuoc province will have a combined 250-megawatt-peak capacity and the construction will take two years to complete. 

Successful execution of the deal would boost Complant's financial performance next year, the statement added. 

Besides engineering contracts, Complant's business also involves importing plants and technologies.

Sa Pa Non-Ferrous Metals engages in metal smelting and mineral processing business.

Complant's share price [SHE: 000151] fell 3.3 percent to CNY11.9 (USD1.70) today. 

Editor: Emmi Laine

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Keywords: China National Complete Import & Export