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English > Industry > Industry-newsbrief>NDRC Bans Industrial Energy Usage Discounts

NDRC Bans Industrial Energy Usage Discounts

10-19 12:10 Caijing



» The National Development and Reform Commission said in a statement on Oct. 16 that it has released new regulations on power pricing, which include a ban on special discounts for industrial users.
» Local governments and grid companies are no longer permitted to adjust retail power prices or give discounts to industrial users, China's economic planning agency said.
» On-grid hydropower prices will be set at half of the benchmark thermal power price, while on-grid nuclear power will be priced at 80 percent of the benchmark price, the NDRC added.
From wires
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