Asia Electrical Power International Group Inc. (AEPW.OB) Receives $7 Million order to Revamp China’s Damaged Electrical Grid
Asia Electrical Power International Group Inc. (OTCBB: AEPW) today announced it received more than $7 million in orders from the Chinese government in the first quarter of 2008. The purchase orders were for the company's power system components and complete-set equipment, which will be used to restore and upgrade damaged electrical grids throughout China. On January 29, 2008, the worst winter storm to hit China in over half a century damaged China’s electric grid infrastructure, throwing China into a freezing darkness, leaving millions of travelers stranded and millions more without power or transportation. This catastrophe prompted the Chinese government to…