BEIJING (AFX-ASIA) – China is planning to allow the country’s two power grid firms to raise electricity prices for the second time this year to help fund investments of billions of yuan to upgrade their networks, an official at State Grid Corp said. (US$1=8.27 yuan). The official in the electricity price office at State Grid,…
CHINA: Grid firm confirms power prices to rise, details being finalised
Posted on May 19, 2004 by EnergyAsia