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Construction in Progress
 6 Months Ended
Jun. 30, 2012
Construction in Progress

6. CONSTRUCTION IN PROGRESS

 

Construction in progress was the amount paid for constructing power generation systems.  As of June 30, 2012, the Company has paid $19.72 million for Phase III of the Erdos TCH power generation system projects, and 12.83 million for the Shannxi Datong Coal Group Power Generation project (See Note 19). As of December 31, 2011, the Company had paid $19.77 million for Phase III of the Erdos TCH power generation system projects, and $12.70 million for the Shannxi Datong Coal Group Power Generation project (See Note 19). As of June 30, 2012, the Company is committed to paying an additional $8.74 million for Phase III projects, excluding quality deposits of $120,000, and $15.63 million for the Shannxi Datong Coal Group Power Generation project.