Report: China’s small coal-fired plants to be phased-out

摘要

China is cracking down on coal and steel output, and the country’s smallerrnthermal power plants stand to become collateral damage in the government’srnmove to mitigate emissions and tighten the ongoing production glut.rnFor the country’s utilities, already besieged by troubles such as decliningrnpower demand and rising coal prices, the eminent phaseout of the smallerrncoal-fired plants might spell trouble for some companies, Reuters reported,rnciting the Chinese financial publication Lengjing.