Caixin
Aug 05, 2014 04:37 PM

Power Company Can't Unload Its New Coal-To-Gas Facility Fast Enough

(Beijing) – Datang International Power Generation Co. Ltd., a listed state-owned enterprise with core business in electricity generation, signed an agreement with a subsidiary of the country's state-owned assets watchdog on July 7 to separate itself from its coal-to-gas project in the northern region of Inner Mongolia.

The project, which converts coal to synthetic natural gas (SNG) in Keshiketeng Prefecture, had been in production for more than six months when Datang signed the agreement with the State-owned Assets Supervision and Administration Commission's (SASAC) China Reform Holdings Corp. Ltd.

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