GCL NEWENERGY: GCL NEWENERGY terminates EPC agreement in Africa
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GCL NEWENERGY announced the termination of the EPC agreement with the contractor due to changes in the transaction plan and unmet licensing requirements in Ethiopia. According to the termination agreement, the EPC agreement is no longer legally binding, and both parties no longer have any rights or obligations, and there were no breaches or losses during the performance and termination of the agreement
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