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Guangdong to hike power tariffs on 11 energy intensive industries

Guangdong to hike power tariffs on 11 energy intensive industries

Write: Lykaios [2011-05-20]

Interfax China reported that Guangdong Province announced on September 4th that it would begin charging additional electricity tariffs on 11 energy-intensive industries.

Under the new policy, copper and lead smelters, printers and dyers, producers of coke, plate glass, paper, alcohol, fiber, monosodium glutamate, leather and electric plating will be required to pay an additional tariff ranging from CNY 0.05 to CNY 0.2 for energy produced from the beginning of Sept. until December 31st 2010.

Beginning in 2011, these tariffs will be raised to between CNY 0.1 to CNY 0.3. The policy is aimed at curbing excessive production capacity from the heavily-polluting industries mentioned above.

The provincial government said Guangdong's zinc smelters and producers of steel, cement, electrolytic aluminum, iron alloy, calcium carbide, sodium hydroxide and yellow phosphorus have been required to pay additional power tariffs since 2008.

(Sourced from Interfax-China)