08 March 2011 05:43 [Source: ICIS news]
Shenhua Ningxia is a subsidiary of Shenhua Group, which is the country’s largest coal producer.
No other details were immediately available from the spokesperson.
The project with a total investment of yuan (CNY) 58.1bn ($8.84bn) will be located at Ningdong Energy and Chemical Base in northwestern Ningxia province, according to the MEP's website.
The project converting coal to fuel, willbe able to produce
Feasibility study for the project was completed by late 2009, according to domestic media reports.
However, the project still needs the final approval from the National Development and Reform Commission (NDRC).
($1 = CNY6.57)
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