Chinese cement companies to pay fees for captive power plants

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China: Cement producers will be forced to pay fees for captive power plants under new legislation introduced by the National Development and Reform Commission (NDRC). The move was introduced in a draft plan in March 2018 in order to reduce electricity prices for industrial and commercial users, according to Reuters. The new regulations are also intended to cut down on pollution from coal-powered plants used by the cement sector as well as steel and aluminium producers. The size of fees paid by onsite power plants will be decided by provincial governments.

Last modified on 01 August 2018

URL: https://globalcement.com/news/item/7848-chinese-cement-companies-to-pay-fees-for-captive-power-plants

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