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China Guodian plans hydropower, coal plants in Myanmar

China Guodian Corp. has signed an initial agreement to build hydro and coal-fired power plants in Myanmar, the company said in a statement.

This agreement marks an important step in China Guodian's overseas expansion strategy, the company said.

China Guodian is engaged in development, investment, construction, operation and management of power plants and power generation for electricity supply. The company is one of the largest power producers in China.

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