China’s National Development and Reform Commission (NDRC) released a plan on Monday to liberalise power generation targets as part of wider electricity reforms.
Independent power producers (IPPs) will be allowed to set their own generation plans based on demand, although no timeline was given for the implementation of the policy.
The NDRC is encouraging IPPs, grid companies, and end-users to sign long-term contracts to secure stable supplies of power. The plan also pledged to extend direct power-purchase agreements between IPPs and end-users across more provinces....
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