BEIJING (Reuters): China's all-powerful economic planning agency waded into the country's power crunch on Wednesday (Sept 29), attempting to reassure residents and businesses in areas hardest hit by shortages that it has the coal use and supply situation under close watch.
The state planner, the National Development and Reform Commission (NDRC), said it has asked local governments to closely monitor coal use and stocks at power plants and to improve fulfilment of medium- and long-term contracts to supply thermal coal.