China’s New Power Tariff Mechanism Enhances Cost Pass-Through

Capt. John

Chinese regulators’ decision to include all coal-fired power generators and commercial and industrial (C&I) users in market trading is a key step towards power market liberalisation, Fitch Ratings says. The widening of the trading price’s floating band will also mitigate earnings pressure from surging coal prices for China’s power generation companies (gencos). The National Development …

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