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CONSTRUCTION IN PROGRESS
9 Months Ended
Sep. 30, 2011
CONSTRUCTION IN PROGRESS
6. CONSTRUCTION IN PROGRESS
 
“Construction in progress” is the amount paid for constructing power generation systems. During the first quarter of 2011, Erdos power generation system Phase II, the third 9MW Capacity Electricity power generation system was completed and put into operation. At September 30, 2011, the Company had paid approximately $19.71 million for Phase III of the Erdos TCH power generation system projects, and $12.58 million for Shannxi Datong Coal Group Power Generation project (See Note 19). The Company was committed to pay an additional $8.7 million for Phase III projects excluding quality deposits of $120,000 in 2011, and $15.74 million for Shannxi Datong Coal Group Power Generation project.