The National Development and Reform Commission will thoroughly investigate the violation of laws and regulations on the price of coal and coal.

Along with the tight supply of coal, it is very common to pursue profiteering and raise coal prices in coal circulation, especially in the circulation of coal, which has seriously threatened the stable operation of the national economy. In order to correct the violations of laws and regulations in the process of coal transportation and sales, the National Development and Reform Commission recently conducted a surprise inspection of coal prices and found that the price violations in Henan, Heilongjiang and Anhui provinces were outstanding. The National Development and Reform Commission will correct the relevant policies in the near future.

The National Development and Reform Commission believes that enterprises that explicitly raise prices in violation of the price policy should be investigated and punished in accordance with the Provisions on Administrative Penalties for Price Violations. First, it is necessary to report criticism to the violating enterprises and ask the relevant enterprises to immediately correct them. In 2005, the base part was within 8% of the actual vehicle price increase in September 2004; the new amount in 2005 was strictly within 8% of the actual thermal coal market and planned coal weighted average price increase limit of 8% in September 2004; Partly strictly in accordance with the coal price increase limit of 8% in the same region in September 2004; the thermal coal in the northeast and Mengdong areas is strictly in accordance with the above three regulations in November 2004. The medium and long-term prices signed by the coal and electricity companies before the Qinhuangdao order meeting are still valid. The second is to carry out appropriate economic penalties. The specific amount can be determined by the price inspection department according to the illegal income of the first eight months of this year.

For the behavior of coal-fired prices that are formulated or coordinated by the provincial government and the provincial comprehensive department, the local government and relevant departments are required to conduct self-examination and submit a self-inspection report to the National Development and Reform Commission. If the provincial governments and the comprehensive departments cannot correct them by themselves, the National Development and Reform Commission will submit the handling opinions to the State Council for determination, including the adjustment of the online and sales electricity prices according to the actual coal price increase.

In this price check, the NDRC focused on correcting six companies with serious violations. In this regard, the National Development and Reform Commission requires coal enterprises other than the six enterprises to immediately check and correct the prices according to relevant policies, and the NDRC will check this in due course.
The authenticity of this information has not been confirmed by the international electrical network, for your reference only.
From: China Electric Power News

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