BEIJING (AFX-ASIA) – The government has increased electricity prices slightly from June to compensate for this month’s rise in thermal coal prices, the China Daily reported, citing industrial sources. Average coal prices will rise by 0.10 yuan per kWh from the current 0.28 yuan, increasing the China’s annual electricity bill by 1 billion yuan, the…
CHINA: Higher electricity prices to compensate for rising coal costs
Posted on June 5, 2003 by EnergyAsia