Wanneng Electric Power said during an investor relations event that the two power plants in Xinjiang and the Kengkou Power Plant in the province have 100% full coverage, which basically isolates the impact of rising spot coal prices; the remaining provincial coal power plant leaders have signed contracts of about 55%, and the gap has been dynamically filled through market agreements on coal and spot coal. In the second half of the year, we will focus on promoting two cost reduction measures: one is to make every effort to ensure that Changxie Coal fulfils its contract in full; the second is to expand the scope of blending of Xinjiang coal, low calorific value coal, etc., and continue to reduce fuel costs per unit.
Zhitongcaijing · 2d ago
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Wanneng Electric Power said during an investor relations event that the two power plants in Xinjiang and the Kengkou Power Plant in the province have 100% full coverage, which basically isolates the impact of rising spot coal prices; the remaining provincial coal power plant leaders have signed contracts of about 55%, and the gap has been dynamically filled through market agreements on coal and spot coal. In the second half of the year, we will focus on promoting two cost reduction measures: one is to make every effort to ensure that Changxie Coal fulfils its contract in full; the second is to expand the scope of blending of Xinjiang coal, low calorific value coal, etc., and continue to reduce fuel costs per unit.
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