A-Power Energy Generation Systems, Ltd. (APWR) announced it has entered into a definitive agreement with China Machine-Building International Corporation to co-develop a turn-key solution in the construction of a major cement plant in Vietnam.
This DG project with CMIC has commenced immediately with the construction duration of 12 months. The total contract has a value of about 40 million dollars with a down payment within 10 days from the contract date. No other details were disclosed.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.