Construction in Progress

3 Months Ended

Dec. 31, 2015

Construction in Progress [Text Block]

8. Construction in Progress

Construction in progress as of September 30 and December 31, 2015 consisted of the following:

		September 30,		December 31,
		2015		2015
Construction in progress	$	13,009,922	$	13,533,829
Prepayment for acquisition of property, plant and equipment		29,451		952,970
Carrying amount	$	13,039,373	$	14,486,799

Construction in progress as of September 30 and December 31, 2015 is mainly comprised of capital expenditures for the construction of the facilities and production lines of Dalian BAK Power.

For the three months ended December 31, 2014 and 2015, the Company capitalized interest of $97,261 and $248,092, respectively, to the cost of construction in progress.