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Singapore, Malaysia Travel

May 8, 2008

China power giant keeps an eye on NSW electricity sale

“Australian team to follow these reforms and send suggestions back to senior management", said a source with knowledge of Huaneng's plans. "The precondition is that Huaneng's existing businesses are going well enough”

CHINA'S largest power company has its eyes on NSW Premier Morris Iemma's $15 billion sale of electricity assets, as part of a strategy to buy Australian power, coal and even uranium assets. via The Age

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