Thermal power losses
Source: Xinhua |
June 21, 2011, Tuesday
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Print Edition
Print Edition
CHINA'S five biggest power companies have reported increasing losses in thermal power business ventures as they continue to struggle with rising coal costs and capped electricity prices.
Combined losses reached 12.16 billion yuan (US$1.87 billion) in the first five months of this year, almost triple that of last year, the China Electricity Council said yesterday.
Combined losses reached 12.16 billion yuan (US$1.87 billion) in the first five months of this year, almost triple that of last year, the China Electricity Council said yesterday.
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