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JIANGSU PROVINCE LIFTS UP ELECTRICITY SALES PRICE TO POWER GRIDS


AsiaInfo Services

08-12-2004

Jiangsu Province Lifts Up Electricity Sales Price to Power Grids

NANJING, Aug 12, 2004 (SinoCast via COMTEX) -- Jiangsu Provincial Price Administrative Bureau issued an urgent notice to adjust the electricity sales price of some power generating companies in the province.

According to the notice, Nanjing Suyuan Thermal Power Co., Ltd.should sell the electricity it generated within the allowable 5,500 hours a year at CNY 0.365 per KWH (tax included) to the power grid firms. In the case of the electricity that is generated

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