Article: SOUTHERN CHINA TO SET CAP, FLOOR FOR POWER PRICES


AsiaInfo Services
10-25-2004
Southern China to Set Cap, Floor for Power Prices

BEIJING, Oct 22, 2004 (SinoCast via COMTEX) -- China Southern Power Grid announced on October 17 that it had finished the construction program (suggestion draft) for southern China's power market construction, and this construction program had been submitted to the State Electricity Regulatory Commission of the People's Republic of China (SERC) for examination and approval.

According to this construction program, the cap and floor for electricity prices will be set for southern China's power market. This activity indicates that the construction of southern China's power market has taken an important step forward.

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