China urges coal miners and utilities to fulfill term contracts

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BEIJING : China's state planner on Wednesday urged coal miners and power plants to fulfil at least 80per cent of the signed medium- and long-term coal contracts each month, in order to ensure steady energy supply and market prices.The National Development and Reform Commission (NDRC) also said all these c

BEIJING : China's state planner on Wednesday urged coal miners and power plants to fulfil at least 80per cent of the signed medium- and long-term coal contracts each month, in order to ensure steady energy supply and market prices.

The National Development and Reform Commission also said all these contracts will be recorded at a national system online and monitored by the authorities.

 

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