Date
18 August 2017

Beijing, Tianjin, Shanghai up non-local power tariff, paper says

The development and reform commissions of Beijing, Tianjin and Shanghai will raise power tariffs for non-residents by between 4.24 fen (0.67 US cents) and 6 fen in line with increases in local on-grid gas power prices, the China Securities Journal reported Tuesday. Some industry insiders said the move will not only ease rising cost pressures for gas power stations but also help gas distributors, the report said.

– Contact HKEJ [email protected]

TL/AC/SK

 

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