Some Chinese regions adjust electricity pricing rules to boost power production

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Some Chinese regions are relaxing controls on power prices to allow coal-fired power plants to charge higher prices when coal prices surge, in a move to boost electricity production and ease the ongoing power crunch.

Southern China's Hunan province said it will make power plants' coal purchase prices as a parameter for deciding base power prices and it will regularly adjust the cap for power prices according to changes in coal prices, according . . .

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