TBEA to invest RMB160 million to build coal logistic and storage base in Xinjiang
2021-11-22 11:49:34 [Print]
TBEA announced on November 19 that its holding subsidiary Tianchi Energy plans to build the coal logistic and storage base (Phase I project) in Tashidian, Bayingolin Mongol Autonomous Prefecture, Xinjiang with total investment of nearly RMB160 million (USD25.06 million) in order to promote the subsidiary's sales of coal in the south of Xinjiang. The project will construct coal storage system, power supply system and plant-related infrastructure. Upon completion, the base would have a static-state storage capacity of 200,000t of coal and a maximum annual storage and transportation capacity of 2.4 million tons.

