Huanghugang Hydropower Station Development Agreement (“this Agreement”)Hydropower Station Development Agreement • April 15th, 2009 • ZHAOHENG HYDROPOWER Co • Electric services
In accordance with the relevant laws and regulations in "General Principles of Civil Law", "Contract Law of PRC” ; the No. 29 [2003] "Opinions on accelerating the development of hydropower in rural areas” from the General Office of the Hunan Provincial Government; and the principle of “negotiation on a case-by-case basis” under the policy of attracting investments to Shimen County, the Shimen County Government (hereinafter referred to as Party A) and Hunan Sanjiang Electric Power Co., Ltd., Hunan Zhaoheng Hydropower Co., Ltd. (hereinafter referred to as Party B, collectively) agree to the following terms regarding the development of Small Huanghugang Hydropower Station (hereinafter referred to as “Huanghugang Hydropower Station”) after amicable negotiations.
