Exhibit 4.81

Shaowu Power Supply Bureau
Grid Connection and Dispatching Agreement

Party A: Fujian Province Shaowu Power Supply Bureau

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

15 December 2003

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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;                                           
|    |                                                                                                                                                                                                                                                                                                                  
|(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 Zhuangshang Village, Nakou Town, Shaowu City;

Whereas:

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|--- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|(1) | Party B
 owns a power station with an installed capacity of 3,000KW in Zhuangshang
 Village, Nakou Town, Shaowu City, which is known as Jinjiu Power Station
 (Station);
|    |                                                                                                                                                                           
|(2) | Party B has
 requested to connect its Station for operation with the grids owned or
 controlled by Party A (Grid);                                                      
|    |                                                                                                                                                                           
|(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                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|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.
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|1.2 | The
 equipments of Party B to be directly dispatched by Shaowu Dispatch (Shao
 Dispatch) shall be:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|    | 1.2.1 the generator
 of Jinjiu Station;                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|    | 1.2.1 the
 step-up transformer and the switches on its both sides of Jinjiu Station;                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|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)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|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.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       

2

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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.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|1.8 | Accident
 handling                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|    | 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:
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|    | (1)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | the switch
 has tripped;                     
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |                                              
|    | (2)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | the time of
 the trip;                       
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |                                              
|    | (3)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | the voltage
 drop has occurred in the system;
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |                                              
|    | (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;
|    |                                                                                                                                                                                                                                                                   
|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;                      
|    |                                                                                                                                                                                                                                                                   
|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;            
|    |                                                                                                                                                                                                                                                                   
|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;                    
|    |                                                                                                                                                                                                                                                                   
|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;                                                                     
|    |                                                                                                                                                                                                                                                                   
|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.                                                                                                     
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|3   | The dispatching management of communication                                                                                                                                                                                                                       
|    |                                                                                                                                                                                                                                                                   
|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;                       

3

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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;                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|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;                                                                                                                                                                                                                                                                                                                                                                                                            
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|4.3 | If Party B makes
 Grid connection unilaterally, Party A may order it to shut down and split;                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|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.                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|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.;                                                                                                                                                                                                                                                                                                                            
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|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;                                                                                                                                                                                                                                                                                                                                                                                               
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|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.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|5   | Collaboration relationship                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|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;                                                                                                                                                                                                                                                                                                                                                                                                                                 
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|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;                                                                                                                                                                                                                                                                                                                                     
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|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                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|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.                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|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 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.
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|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,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 

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|---- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|     | 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.               
|     |                                                                                                                                                                                                                                                                                                                                                                  
|6.4  | The execution, effectiveness, construction
 and performance of this Agreement shall be governed by the PRC laws.                                                                                                                                                                                                                                                 
|     |                                                                                                                                                                                                                                                                                                                                                                  
|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.
|     |                                                                                                                                                                                                                                                                                                                                                                  
|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.                                                                                                                                                         
|     |                                                                                                                                                                                                                                                                                                                                                                  
|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.                                                                                                                                                              
|     |                                                                                                                                                                                                                                                                                                                                                                  
|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.                                                                                                                    
|     |                                                                                                                                                                                                                                                                                                                                                                  
|6.9  | Where any clause of this Agreement
 contravenes the relevant regulations of the superior authority, such
 regulations of the superior authority shall prevail.                                                                                                                                                                                                   
|     |                                                                                                                                                                                                                                                                                                                                                                  
|6.10 | This Agreement shall be effective until
 both parties resign the dispatching agreement.                                                                                                                                                                                                                                                                          
|     |                                                                                                                                                                                                                                                                                                                                                                  
|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: 15 December 2003

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(DIAGRAM)

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