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Friday, 17 July 09
CHINA SHENHUA ENERGY'S COAL OUTPUT SWELLS 17.6% IN H1


China Knowledge reported that, China Shenhua Energy Co Ltd, which is engaged in the coal mining, power generation and transportation businesses, on Jul. 15 announced that its commercial coal output swelled 17.6% year on year, hitting 105.8 million tons in the first half of this year, sources reported.  

In the period from January to June, the energy enterprise sold 123.1 million tons of coal, a year-on-year growth of 7%, but coal exports plunged 42.5% year on year, reaching 6.1 million tons. In the same period, the company generated power of 8.02 billion kilowatt hours, a year-on-year decline of 8.2% and sold 7.44 billion kWh of power, a year-on-year decrease of 8.7%.

China Shenhua Energy aims to yield 400 million tons of coal in 2014, accounting for 15% of China's total predicted output for the year and plans to produce 190 million tons of coal this year, China Knowledge reported earlier.

Reportedly, Shenhua Group, the parent of China Shenhua Energy, has said that China Shenhua Guohau Power Co, one of the group’s units, on Jul. 7 started construction on a power plant and mine in southern Sumatra, Indonesia. The project will be completed in 2011, and the mine will produce 1.5 million metric tons of coal per year. 
Source: China Knowledge



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