China Power’s indirect wholly owned subsidiary Rizhao Wind Power signed a comprehensive consulting services contract with Shandong Institute for the Rizhao offshore wind power project. The contract value is CNY 176.2 million and covers regulatory coordination and preparation of project reports. Rizhao Wind Power will make a 10% prepayment after Shandong Institute provides a performance bond. The remaining payments will be made after approvals including the marine environmental impact assessment and the right to use sea areas.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Power International Development Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260318-12057793), on March 18, 2026, and is solely responsible for the information contained therein.