You are here

China expands power distribution reform to more regions

Monday, March 14, 2016 - 11:32

[BEIJING] China is further expanding a pilot scheme that gives local authorities more control over electricity transmission and distribution prices, as the world's largest power market steps up deregulation to boost efficiency.

The government will allow 12 provinces and municipalities, including Beijing, Tianjin, Sichuan and Hunan to join the scheme, the National Development and Reform Commission said on Monday.

That brings the total number of provinces and other locally administered regions under the scheme to 18, it said.

REUTERS

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom