BEIJING (AFX-ASIA) – China’s top planning agency, the National Development and Reform Commission, has given approval to the country’s two electricity grid firms to raise retail power prices an average 0.014 yuan per kWh, the second hike this year, China Youth Daily reported, without citing sources. (US$1=8.27 yuan). The move is aimed at helping the…
CHINA: State approval given for grid firms to hike electricity prices again
Posted on May 17, 2004 by EnergyAsia