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The founders of GreenGen Co.held the signing ceremony in the Great Hall of the People. The feasibility study report of GreenGen's 250MW generator set IGCC Project in Tianjin was passed the examination successfully. The bidding of main equipments of GreenGen's IGCC Project in Tianjin is in process.
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The GreenGen Co. was founded on December 23, 2005. The company has been approved by the State Administration of Industry and Commerce (SAIC) with a registered capital of RMB 300 million. Its important shareholders come from five largest power companies, two biggest coal companies and one important investment company: the China Huaneng Group (CHNG), the China Datang Corporation, the China Huadian Corporation, the China Guodian Corporation, the China Power Investment Corporation, the Shen Hua Group, the China National Coal Group and the State Development and Investment Corporation. CHNG is the largest shareholder with 51% of the total investment, and the other seven companies hold 7% equity each.
