BEIJING (XFN) – In the largest ever fine on environmental pollution in Beijing, one of Beijing Datang Power Generation Co Ltd’s plants was fined over 370,000 yuan by the Beijing Haidian District People’s Court for excessive sulphur dioxide emissions, the Beijing Morning Post said. (US$1=8.28 yuan).
The newspaper said the Beijing Environment Protection Bureau found the plant emitted 1,680 mg of sulphur dioxide per cu m, much higher than the 500 mg per cu m limit.
The listed company’s power generation rose 21.9% year-on-year to 32.278 million MWh for 2002.
The company posted a net profit of 601.32 million yuan for the first half of last year, down 17.4% year-on-year on increased operating costs due to capacity expansion.
Beijing Datang Power is a component stock of the FTSE/Xinhua China 25 Index.