BRIEF-Power Construction Corp of China's Jan-Feb contracts up 65.5 pct y/y

March 15 (Reuters) - Power Construction Corp Of China Ltd

* Says Jan-Feb contracts up 65.5 percent y/y at 104.2

billion yuan ($15.08 billion)

* Says unit invests in private equity fund worth up to 1.15

billion yuan

* Says unit and partners plan to set up investment fund

worth up to 1.88 billion yuan

* Says board approves unit to set up project company for

coal-fired power project worth $1.5 billion in Zimbabwe

Source text in Chinese:;;;

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($1 = 6.9115 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)