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Saturday, February 26, 2011

Anhui asks miners to keep 2011 power coal contract price unchanged

Feb 25,2011

East China’s Anhui province called for the province’s four mining groups to maintain contract price for power generating coal at the same level as last year, China Electric Power News reported.

Four mining groups including Huainan Mining Group, Huaibei Mining Group, SDIC Xinji, and Wanbei Coal-Electricity Group are asked to supply 10% more contracted coal to local power plants in 2011, according to a circular jointly issued by the provincial commodity price bureau, economy and information commission and energy bureau.

And, these coal companies are also required to boost self-discipline and set contract price based on calorific value. Hiking price in any forms would be punished, the circular said.

Priority should be given to meeting demand of the province’s key coal-fired power plants, it added.(sourced:en.sxcoal.com)

Tags:Huainan Mining Group, Huaibei Mining Group, SDIC Xinji, Wanbei Coal-Electricity Group, raw material, coal supply,

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