BRIEF-Shanghai Electric's Unit Agrees To Land Compensation For 2.9 Bln Yuan

March 20 (Reuters) - Shanghai Electric Group Co Ltd :

* SAYS UNIT AGREES WITH LAND COMPENSATION FOR 2.9 BILLION YUAN ($410.51 million) Source text in Chinese: https://bit.ly/2wgiM0q Further company coverage: ($1 = 7.0644 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)