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Guangxi Guidong Electric Power sees FY 2016 net profit down 40 pct to 55 pct

Guangxi Guidong Electric Power Co., Ltd.: Sees net profit for FY 2016 to decrease by 40 percent to 55 percent, or to be 169 million yuan to 225 million yuan . Says the net profit of FY 2015 was 375.9 million yuan .Comments that increased electric generation and decreased investment income are the...

3:05pm IST

Guangdong Electric Power expects 2016 net profit to rise 59.9-78.4 pct

Guangdong Electric Power Development Co Ltd :Says it expects 2016 net profit to rise 59.9-78.4 percent y/y to 700 million yuan-1.3 billion yuan ($102.07-$189.56 million).

2:30pm IST

FRI-EL Green Power launches new tender offer on Alerion

Alerion Clean Power: FRI-EL Green Power to launch voluntary exchange offer on Alerion . Offer comes after previous partial bid on Alerion that allowed FRI-EL Green Power to build a 29.36 percent stake . New offer targets all of Alerion shares FRI-EL Green Power does not already own . FRI-EL Green...

12:29pm IST

ERM Power says would meet its obligations under LGC scheme

Erm Power Ltd : Would meet its obligations under LGC scheme through combination of surrendering certificates & paying clean energy regulator (cer) $123 million for 2016 . "This does not change co's previously stated outlook for fy2017 and as previously noted, earnings will be weighted to second...

4:28am IST

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