Edition:
India

Shanghai Electric plans new energy venture, unit to participate in assets-backed securities programme


Friday, 1 Dec 2017 

Dec 1 (Reuters) - Shanghai Electric Power Co Ltd <600021.SS>::SAYS UNIT PLANS TO PARTICIPATE IN ASSET-BACKED SECURITIES PROGRAM WORTH UP TO 10 BILLION YUAN ($1.51 billion) WITH PARTNERS.SAYS IT PLANS TO USE COMPANIES' STAKES WORTH 900 MILLION YUAN TO SET UP NEW ENERGY TECHNOLOGY JV. 

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