Exhibit 4.80

Shaowu Power Supply Bureau
Grid Connection and Dispatching AgreementShao Gong Diao [2002] Xie No.

Party A: Fujian Province Shaowu Power Supply Bureau

Party B: Shaowu City Jinling Power Generation Co., Ltd.

20 December 2002

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Grid Connection and Dispatching Agreement

This Grid
Connection and Dispatching Agreement (hereinafter referred to as Agreement)
is entered into by and between:

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|(1) | Shaowu Power Supply Bureau (Party A), a
 corporate legal person or other economic organization and its successor which
 engages in the grid management and dispatch and legally exists, whose
 domicile or place of business is at No. 75 Xichun Road, Shaowu City;                                  
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|(2) | Shaowu City Jinling Power Generation Co.,
 Ltd. (Party B), a corporate legal person or other economic organization and
 its successor which engages in the production and sale of the electricity and
 legally exists, whose domicile or place of business is at No. 27 Chengdong
 Road, Shaowu City;

Whereas:

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|(1) | Party B owns a power station with an installed
 capacity of 4,800KW in Dongguan, Shaowu City, which is known as Dongguan
 Power Station (Station);
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|(2) | Party B has requested to connect its
 Station for operation with the grids owned or controlled by Party A (Grid);                                 
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|(3) | Party A has agreed to have the Station
 connected with its Grid pursuant to the provisions of this Agreement.                                       

In order to
ensure the safe, good and economical operation of the Grid, and keep both
parties of this Agreement act properly during the process of the Grid connection
and dispatch, in accordance with the laws and regulations of PRC, the practice
and standards of the electricity industry, and relevant rules by the state
electricity regulator, and based on the principles of equality, voluntariness
and good faith, Party A and Party B have, after consultations, made agreement
as follows:

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|1   | Dispatching
 management and division of jurisdiction                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
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|1.1 | Party A and Party B shall observe the
 Electricity Law, Regulations on Grid Dispatching Management and associated
 detailed rules for implementation of such regulations, as well as the
 relevant technical standards, guidance, regulation, rule and measures for the
 avoidance of accidents in the electricity industry; Party B shall also
 observe the Regulations on the Electricity System Dispatch in the Power
 Supplied Area of Shaowu, Fujian; the operational regulation of Party B shall
 not contravene the above technical standards, guidance, regulation, rule and
 measures for the avoidance of accidents. Party A shall, under the condition of
 ensuring the safe, good and economical operation of the Grid, conduct unified
 dispatch on Party B based on the principles of equality, fairness and
 openness. And Party B must obey the unified dispatch of the Grid, implement
 the relevant regulations or rules of the Grid dispatching management, and
 observe strictly the disciplines of dispatch.
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|1.2 | The equipments of Party B to be subject to
 the jurisdiction of Shaowu Dispatch (Shao Dispatch) shall be:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
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|    | 1.2.1 the 10KV switches on the sides of the
 #1main transformer and its primary and secondary equipments;                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
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|    | 1.2.2 #1, #2 and #3 generators;                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
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|    | 1.2.3 the T-connected station service
 transformer on the 10KV line to be subject to the jurisdiction of Shaowu
 Power Supply Bureau.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
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|1.3 | The equipments subject to Shao Dispatch
 shall be managed in accordance with Regulations on the Electricity System
 Dispatch in the Power Supplied Area of Shaowu, Fujian.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       

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|1.4 | (none)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
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|1.5 | The on-duty personnel of the Station of
 Party B must obey the unified dispatch of Shao Dispatch, in order to ensure
 the safe, good and economical operation of the Grid.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
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|1.6 | The on-duty personnel of the Station of
 Party B cannot take up the appointment until they complete the pre-job
 training by Party A (or the relevant authority) and obtain the relevant
 certificate, and a certified name list of the on-duty personnel shall be
 submitted to Shao Dispatch. Party B and Shao Dispatch shall timely submit to
 each other a certified copy of the name list of on-duty personnel.                                                                                                                                                                                                                                                                                                
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|1.7 | The on-duty personnel of Party B shall not
 change at its own discretion the status of the equipments managed and
 permitted by Shao Dispatch.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
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|1.8 | Accident handling                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
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|    | If there is any abnormal situation or
 accident occurring on Party B such as trip accident of equipment, unit
 deration and voltage drop of the system which falls into the jurisdiction of
 Shao Dispatch, Party B must find out the reasons of the abnormal situation or
 trip accident of the equipment, report to Shao Dispatch the actual situation
 and follow the instructions of Shao Dispatch pursuant to the regulations of
 dispatch. Party B shall be responsible for all the consequences resulted from
 the failure to report timely or changing the status of the equipment without
 the consent of Shao Dispatch. Party B shall report to Shao Dispatch including
 but not limited to the following:
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|    | (1)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | the switch has tripped;                      
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |                                              
|    | (2)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | the time of the trip;                        
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |                                              
|    | (3)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | the voltage drop has occurred in the
 system;
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|    | (4)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | the unit shutdown has occurred.              
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|2   | The relay
 protection and the operative mode management                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
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|2.1 | Party B must have the over voltage and
 under voltage (or high circle and low circle) protection etc. When the
 deviation value between the system voltage and the rated voltage is more than
 15% of the rated voltage, the unit could be split from the system;                                                                                                                                                                                                                                                                                                                                                                                                                                                   
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|2.2 | The repair of the equipment subject to the
 management of Shao Dispatch shall be reported by Party B to be incorporated
 into the dispatching plan of Party A, and Shao Dispatch shall collaborate and
 work in coordination in such repair;                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
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|2.3 | The on-duty personnel of Party B shall be
 responsible for various operation statistics, and according to the demand of
 Party A for the dispatching operation statistics, submit timely the daily
 statistics data and the monthly operating report;                                                                                                                                                                                                                                                                                                                                                                                                                                                               
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|2.4 | Party B shall be responsible for making the
 load forecast and generate the electricity in accordance with the forecasted
 load curve. And the load forecast shall be assessed in accordance with the
 Shao Gong Diao [2000] No.147 document;                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
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|2.5 | The power factor of the Grid of Party B
 must conform to the relevant standards of the electricity industry. And Party
 B shall work in coordination with Party A to amend the power factor;                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
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|2.6 | Party B shall timely provide Shao Dispatch
 with the amended system main wiring diagram, circuit value, main transformer
 parameters and unit parameters etc. .                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     

3

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|3   | The dispatching
 management of communication and dispatch automation                                                                                                                                                                                                                                                                                                                                 
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|3.1 | In order to ensure the safe dispatch of the
 Grid, Party B and Shao Dispatch shall have at least one independent contact
 phone specifically used for communication of dispatch, and procure the phone
 calls to be picked up at all times;                                                                                                                                                          
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|4   | Default                                                                                                                                                                                                                                                                                                                                                                                              
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|4.1 | Where Party B incurs any damage due to the
 carelessness, negligence and unreasonable dispatch etc. of Party A, Party B
 shall be entitled to claim compensation from Party A;                                                                                                                                                                                                                       
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|4.2 | Party B shall be liable for all
 consequences such as the over voltage or under voltage of the Grid resulted
 from the failure of using the over voltage or under voltage protection in the
 Grid of Party B in accordance with the regulations or the malfunction of the
 devices;                                                                                                                  
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|4.3 | If Party B makes Grid connection
 unilaterally, Party A may order it to shut down and split;                                                                                                                                                                                                                                                                                                         
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|4.4 | Where Party B fails to implement the
 dispatching instructions or delays to implement the instructions without
 justified reasons and results in damages to the Grid, Party B shall be liable
 for such damages.                                                                                                                                                                                     
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|4.5 | When the generator units of Party B are
 required to be shut down and split due to the repair, change of operative
 mode, and accident handling etc., if there is no personnel of Party B on
 duty, Party A may have the Grid of Party B split. And Party B shall be liable
 for the consequences such as over speed and over voltage of the generator
 units etc.;                                  
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|4.6 | Where Party B violates the dispatching
 disciplines to change the status of the equipments without permission and
 result in the accident of the Grid or other unsafe factors, Party B shall be
 liable for the consequences and shall be assessed in accordance with the
 relevant regulations;                                                                                                     
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|4.7 | Where Party A has to change the operative
 mode of the Grid for the need of operation of the Grid due to the
 communication breakdown, Party A shall not be liable for the loss that Party
 B incurs.                                                                                                                                                                                                
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|5   | Collaboration
 relationship                                                                                                                                                                                                                                                                                                                                                                          
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|5.1 | The dispatcher of Shao Dispatch shall be
 on-site to understand the features of the equipments and the generation of
 the hydroelectric station, and take such features into consideration in
 carrying out daily dispatch, especially handling the accident;                                                                                                                                        
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|5.2 | In the projects of relay electricity
 protection, automatic safety device, communication and tele-mechanical
 technical innovation proposed by Party A for the need of the safe and stable
 operation of the Grid, in principle, Party B shall bear the fees of the
 equipments settled at the place of Party B and the associated equipments of
 Party A;                                           
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|5.3 | Party B will sign the relevant economic
 agreement regarding the grid connection pursuant to the power sale contract
 and outgoing path following the consultations with the relevant authority,
 and then deliver a copy to Party A for filing.                                                                                                                                                     
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|6   | Miscellaneous                                                                                                                                                                                                                                                                                                                                                                                        
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|6.1 | Where the situation of the Grid changes and
 in order to ensure the safe operation of the Grid, Party A demands to install
 additional relevant equipments into the Grid of Party B, Party B shall
 install such equipments as required.                                                                                                                                                             
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|6.2 | Within the term of this Agreement, where
 the national laws and regulations are amended or the policy of the state
 and/or Fujian Province changes (including but not limited to implementation
 of the policy of competitive bidding in the generation-side electricity
 market), both parties shall negotiate and amend the relevant clauses of this
 Agreement in accordance with the new policy

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|     | or regulation. However, where the change of
 the policy of the state and/or Fujian Province (including but not limited to
 implementation of the policy of competitive bidding in the generation-side
 electricity market) is mandatory, both parties shall implement
 unconditionally.                                                                                                                                                                                                                                                        
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|6.3  | Unless set out otherwise in this Agreement,
 all the reports or documents required or authorized by this Agreement shall
 be in writing. Upon delivery to the other party by registered mail, express
 delivery or by hand with signature for acceptance, or delivered and received
 in legible form by way of fax, the document delivered with the notice under
 this Clause 6 shall be effective. The recorder phone tape, if necessary, may
 be deemed as the notice in non-writing form (if legible) and to be delivered
 to the other party.
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|6.4  | The execution, effectiveness, construction
 and performance of this Agreement shall be governed by the PRC laws.                                                                                                                                                                                                                                                                                                                                                                                                                                 
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|6.5  | During the implementation of this
 Agreement, where any improper or uncovered matters are found, either party
 may raise such issue in writing, which can be settled by both parties through
 consultation with the signature of both parties for confirmation. Otherwise,
 in any event, any amendment or waiver in respect of this Agreement shall be
 invalid.                                                                                                                                                                                
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|6.6  | This Agreement shall be binding on both
 parties. Where either party transfers all or part of its rights to the third
 party, this Agreement can only be effective upon being resigned by both
 parties.                                                                                                                                                                                                                                                                                                                                         
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|6.7  | This Agreement constitutes the entire
 agreement by both parties about its subject matter and supersedes all
 previous discussions, negotiations, contracts and agreements on that subject
 matter.                                                                                                                                                                                                                                                                                                                                              
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|6.8  | Any provision of this Agreement which
 contravenes the PRC laws shall be deemed as invalid, and the effectiveness of
 remaining provisions contained in this Agreement which do not contravene the
 PRC laws will not be affected in any way.                                                                                                                                                                                                                                                                                                    
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|6.9  | Where any clause of this Agreement contravenes
 the relevant regulations of the superior authority, such regulations of the
 superior authority shall prevail.                                                                                                                                                                                                                                                                                                                                                                                   
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|6.10 | This Agreement shall be effective until
 both parties resign the dispatching agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                          
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|6.11 | This Agreement will be executed in two
 originals, which each party holds one copy, and in two duplicates, which each
 party holds one copy.                                                                                                                                                                                                                                                                                                                                                                                                     
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|6.12 | This Agreement shall be effective upon the
 date of signature and seal of both parties.                                                                                                                                                                                                                                                                                                                                                                                                                                                          

|                                                     |  |                                                         
|---------------------------------------------------- |  | --------------------------------------------------------
|Party A:
 Fujian Province Shaowu Power Supply Bureau |  | Party B:
 Shaowu City Jinling Power Generation Co., Ltd.
|                                                     |  |                                                         
|(Common Seal)                                        |  | (Common Seal)                                           
|                                                     |  |                                                         
|Person in Charge: (Signature and Seal)               |  | Person in Charge: (Signature and Seal)                  
|                                                     |  |                                                         

| |                                     
| | ------------------------------------
| | Date of
 Execution: 20 December 2002

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(DIAGRAM)

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