中文
Wanbei Coal-Electricity Group Co., Ltd., located in eastern China's Anhui province, has delivered 2.58 million tonnes of power coal under medium- and long-term contracts in January-October, with a contract compliance rate of 103.81%, according to the provincial state asset regulator.
The group also achieved an integrated supply of 28,800 tonnes of power coal through trade coordination to meet the demand gap for key consumers in the province.
Despite the long-term contract coal prices being over 80 yuan/t lower than the market prices, the group has consistently given priority to shipping coal under term contracts during this period, ensuring the normal coal consumption of these customers.
From June to September, Wanbei Coal-Electricity temporarily postponed the auction and shipment of spot coal to local or nearby customers to ensure supply to key power plants.
The group prioritized the supply of 6,000 tonnes of coal to Anhui Huadian Suzhou Power Generation Co., Ltd., 18,800 tonnes to Shanghai Shenergy Power Technology Co., Ltd., and 6,700 tonnes to Datang Huaibei Power Generation Co., Ltd. This effectively alleviated the pressure on power plants.
In addition, the Qianyingzi coal mine, a major mine for thermal coal production within the group, not only guarantees coal supply to its mine-mouth power plants but also undertakes the supply guarantee tasks for the other two major prefecture-level utilities in Suzhou and Huaibei.
Currently, operating in dual units, the mine supplies over 5,000 tonnes of thermal coal daily, ensuring the shipment of at least one train with approximately 3,300 tonnes of power coal to meet the needs of the major power plants in Suzhou and Huaibei.
The group makes every effort to live up to the social responsibilities as a state-owned enterprise, guaranteeing the thermal coal requirements during the winter peak season.
(Writing by Riley Liang Editing by Emma Yang)
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