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CHN Energy to Offload Hubei Songzi Power Station for 361 Million Yuan
Chn Energy Changyuan Electric Power (000966.SZ): Since the beginning of 2025, the supply and demand balance in the domestic Coal market has been relatively loose, with market spot Coal prices experiencing a downward trend.
On March 13, Gelonghui reported that Chn Energy Changyuan Electric Power (000966.SZ) stated on the interactive platform that the company strictly implements the national electric coal medium and long-term contract policy requirements, with electric coal procurement mainly based on long-term contracts (annual contracts), and the pricing mechanism for long-term coal contracts is "benchmark + floating" which keeps the prices relatively stable. Based on actual coal demand, the company procures a portion of market spot Coal. Since early 2025, the domestic coal market has been relatively loose in terms of supply and demand balance, and spot coal prices in the market are on a downward trend, resulting in an overall year-on-year decrease in the company's electric coal procurement costs.
CHN Energy's Power Generation Slips 8% in February
Chn Energy Changyuan Electric Power (000966.SZ): In February, the power generation was completed at 2.751 billion kilowatt-hours, a decrease of 8.00% year-on-year.
On March 5, Gelonghui reported that Chn Energy Changyuan Electric Power (000966.SZ) announced that by February 2025, the company completed an electricity generation of 2.751 billion kWh, a year-on-year decrease of 8.00%. Among this, thermal power generation decreased by 7.77% year-on-year, hydropower generation decreased by 72.50% year-on-year, and New energy Fund generation increased by 35.86% year-on-year. The company accumulated an electricity generation of 5.632 billion kWh from January to February 2025, a year-on-year decrease of 17.58%. Among this, the accumulated thermal power generation decreased by 18.46% year-on-year, the accumulated hydropower generation decreased by 72.20% year-on-year, and the accumulated New energy Fund generation increased year-on-year.
Chn Energy Changyuan Electric Power (000966.SZ): State Energy Water Affairs won the bid for the noise control EPC general contracting project for the Phase IV 2×1000MW expansion project of Chn Energy Changyuan Electric Power Hanchuan Company.
On February 26, Glory Financial announced that Chn Energy Changyuan Electric Power (000966.SZ) received the "Bid Notification" (International Project No. [2025] 01673) issued by the bidding agency, China Energy Group International Engineering Consulting Co., Ltd. on February 25, 2025, confirming that China Energy Water Affairs Eco-friendly Concept Co., Ltd. (referred to as China Energy Water Affairs) has been awarded the noise control EPC general contracting project for the Phase IV 2×1000MW expansion project of the wholly-owned subsidiary of the company, China Energy Changyuan Hanchuan Power Co., Ltd. (referred to as Hanchuan Company), with a project bid amount of 34.00951573 million.
It's A Story Of Risk Vs Reward With CHN Energy Changyuan Electric Power Co.,Ltd. (SZSE:000966)