On Mar.25, French Dalkia Corp., global energy management giant, signed an official agreement with Chongqing Changyang Heat Company to jointly invest in a large-scale thermoelectric power plant in Chongqing. This power plant will launch production in 2010 with installation scale to exceed 300MW and total investment amount to approach RMB3b.

It was known that Dalkia Corp. is a leading multinational company in energy management with businesses carried out in 38 countries across the world and annual production value over RMB70b. Once this agreement is in effect, Dalkia will officially become Changyang Heat Company controlling shareholder.