News
 
NASSCOM begins milestone 20 edition of India Leadership Forum
India Infoline News Service/18:12,Feb 13, 2012
The core theme of NILF this year is 'hyperspecialization' and the platform promises to bring another exciting, thought provoking and insightful conference
list MindTree clarifies reports on growth outlook
list Dynamatic Technologies board declares 2nd Interim Dividend
list PR legend Tony Good bestowed with life time achievement award by PR Council of India
list Top IT news of the day

Calendar

Feb-2012
M T W T F S S
13 14 15 16 17 18 19
Economic Events
list QV House Prices (YoY)
list Food Prices (MoM)
Results
list CESC | Cipla | Ambuja Cem. | Castrol India
IPO
listNo IPO today
 

China Guangdong Province Announces Additional Electricity Tariffs

Capital Market / 15:09 , Sep 08, 2010

Guangdong Province announced on 4 Sep 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 0.05 yuan to 0.2 yuan for energy produced from the beginning of Sept. until December 31st 2010.

Beginning in 2011, these tariffs will be raised to between 0.1 yuan to 0.3 yuan. 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.

 



Rate This Article Rate 1 Rate 2 Rate 3 Rate 4 Rate 5