Finance News

 29th April: TBEA (Tebian Electric Apparatus) announced that the company’s controlling subsidiary, TBEA Shenyang Transformer Group Co., Ltd., will invest a total of USD 1.15 bln in the construction of the Amalia Hydropower Station in Guinea with its investment in Amalia Hydropower Development Co., Ltd.

Located downstream of the Konkoure River, the Amalia Hydropower Station will be the final stage of a four-level mainstream hydropower development on the Konkoure River. Construction of the hydropower station is scheduled for completion within 54 months, and the station has been designed to have an operational life of 40 years.

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