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Chinese utilities to merge coal-firing assets
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Post Author
Patrick LaveryCombustion Industry News Editor
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State-owned Chinese utility companies Shenhua Energy Company and GD Power Development Co are to form a joint venture to pool their coal-fired power generation assets, as Energy Central reports. The new joint venture will own 66.29 GW of installed generation capacity, with an additional 10.86 GW under construction, giving it perhaps 3-4% of China’s total capacity. The move is aimed at improving the efficiency of the two companies.