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Bharat Heavy Electricals commissions supercritical thermal power plant in Uttar Pradesh

Tuesday, 23 May 2017 02:16am EDT

May 23 (Reuters) - Bharat Heavy Electricals Ltd ::Says BHEL commissions 1,980 MW supercritical thermal power plant in uttar pradesh.Says first two units of project, commissioned earlier by BHEL, are already under commercial operation.Says project is owned by Prayagraj Power Generation, a subsidiary company of Jaiprakash Power Ventures Limited.

Lightship Capital reports 9.9 pct in Babcock & Wilcox Enterprises, says may talk to co's board

Monday, 22 May 2017 01:08pm EDT

May 22 (Reuters) - Babcock & Wilcox Enterprises Inc :Lightship Capital LLC reports 9.9 percent in Babcock & Wilcox Enterprises as of May 10 - SEC filing.Lightship Capital LLC says it may engage in discussions with Babcock & Wilcox's management, board.Lightship Capital - discussions with Babcock & Wilcox will concern co's business, operations, potential business combinations and strategic alternatives.

Baoding Tianwei Baobian Electric subsidiary to merge with power wire unit

Friday, 19 May 2017 03:55am EDT

May 19(Reuters) - Baoding Tianwei Baobian Electric Co Ltd <600550.SS> ::* Says its wholly owned wire and cable subsidiary located in Baoding will merge with Hefei-based wire unit .* The Hefei-based wire sub-subsidiary will be dissolved after merger .

Shanghai Electric receives approval on matters related to asset reorganization

Friday, 5 May 2017 05:57am EDT

May 5 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>:Received "approval on matters in relation to plan on asset reorganization in shanghai electric group company ltd ".Recieved approval from state-owned assets supervision and administration commission of shanghai municipal government.Refers to announcements in relation to proposed assets acquisition by issuance of shares and proposed issuance and placing of a shares.

Shanghai Zhixin Electric to dissolve low-carbon tech services unit

Friday, 28 Apr 2017 12:00am EDT

April 28 (Reuters) - Shanghai Zhixin Electric Co Ltd <600517.SS> ::* Says it plans to dissolve its 51 percent owned low-carbon tech services unit .

Miracle Automation Engineering sees H1 FY 2017 net profit to up 0 pct to 20 pct

Wednesday, 26 Apr 2017 04:40am EDT

April 26 (Reuters) - Miracle Automation Engineering Co Ltd <002009.SZ> ::* Sees H1 FY 2017 net profit to increase by 0 percent to 20 percent, or to be 48.6 million yuan to 58.4 million yuan.* Says H1 FY 2016 net profit was 48.6 million yuan.* Says development of automated equipment business and photovoltaic power plant business is the main reason for the forecast.

Shanghai STEP Electric sees FY 2017 Q1 net profit to decrease by 10 pct to increase by 10 pct

Tuesday, 25 Apr 2017 11:01pm EDT

April 26(Reuters) - Shanghai STEP Electric Corporation <002527.SZ> ::* Says FY 2017 Q1 net profit to decrease by 10 percent to increase by 10 percent, or to be 81.5 million yuan to 99.5 million yuan, compared to net profit of FY 2016 Q1 (90.5 million yuan).* Says business extension and increased fees of R&D as main reasons for the forecast.

Henan Senyuan Electric sees H1 FY 2017 net profit up 30 pct to 60 pct

Monday, 24 Apr 2017 02:13am EDT

April 24(Reuters) - Henan Senyuan Electric Co Ltd <002358.SZ>:Sees H1 FY 2017 net profit to increase by 30 percent to 60 percent, or to be 171.1 million yuan to 210.6 million yuan .Says H1 FY 2016 net profit was 131.6 million yuan.Says that expected improvement of business performance through enhancement of innovation-driven as the main reason for the forecast.

Ningbo Ligong Environment and Energy Technology sees Q1 2017 net profit up 445-495 pct

Monday, 17 Apr 2017 05:23am EDT

April 17 (Reuters) - Ningbo Ligong Environment and Energy Technology Co Ltd <002322.SZ>: :* Sees net profit for Q1 2017 to increase by 445 percent to 495 percent, or to be 44.4 million yuan to 48.4 million yuan, compared to net profit of the same period in 2016 (8.1 million yuan).* Comments that increased sales in wholly owned subsidiary and increased sales of software business are the main reasons for the forecast.

Guangdong Macro sees Q1 FY 2017 net profit to be 3 mln yuan to 4.5 mln yuan

Monday, 17 Apr 2017 04:08am EDT

April 17 (Reuters) - Guangdong Macro Co Ltd <000533.SZ> ::* Sees Q1 FY 2017 net profit to be 3 million yuan to 4.5 million yuan.* Says Q1 FY 2016 net profit was 29.9 million yuan (before restructure), or 8.6 million yuan (after restructure).* Says sluggish in power transmission and distribution business in unit as main reasons for the forecast.

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