Pangjiang Co., Ltd.: Subsidiary plans to invest in the construction of new energy power generation projects with a total investment of 1.115 billion yuan

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Data 8 November, Panjiang shares announced that the company, through its holding subsidiary Panjiang New Energy Generation Co., Ltd. and its wholly-owned subsidiary Panjiang New Energy Co., Ltd., invested in the construction of the Shilaohu Wind Power Project in Shaying Town, Guanling County and the Yujiajian Mountain Xinmin Wind Power Project in Maodong Township, Puding County, with a total installed capacity of 200MW and a total investment of 1.115 billion yuan. The project is expected to have annual average utilization hours of 1748h and 1720h, with capital financial internal rates of return of 9.11% and 9.26%, respectively. After the completion of the project, it is expected to save 105,800 tons of standard coal, reduce emissions of 285,700 tons of carbon dioxide, 28,710 tons of sulfur dioxide, and 46,050 tons of nitrogen oxides per year.

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