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Beijing to Close Down All Major Coal Power Plants to Cut Pollution
Mar. 25, 2015 02:52AM PST
Industrial Metals InvestingBloomberg reported that Beijing will shut down the last of its four major coal-fired power plants next year to cut down pollution.
Bloomberg reported that Beijing will shut down the last of its four major coal-fired power plants next year to cut down pollution.
As quoted in the market news,
The capital city will shutter China Huaneng Group Corp.’s 845-megawatt power plant in 2016, after last week closing plants owned by Guohua Electric Power Corp. and Beijing Energy Investment Holding Co., according to a statement Monday on the website of the city’s economic planning agency. A fourth major power plant, owned by China Datang Corp., was shut last year.