Chinese provinces greenlight bigger power bills for factories

Higher production costs expected as electricity crunch continues

20210930N China coal plants REUTERS

Most of China's listed thermal power companies have seen earnings deteriorate under higher coal prices. © Reuters

SHUNSUKE TABETA, Nikkei staff writer

BEIJING -- As power shortages plague China, provincial governments are beginning to approve rate hikes for electricity, mostly centering on supplies to factories, a move that is likely to raise production costs.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.