CREC signs mutual insurance agreement on coal transportation with coal enterprises and power generation group
2017-01-23 16:30:35 [Print]
According to CREC, three railway administrations belonging to CREC signed mutual insurance agreement on coal transportation with four coal enterprises and five power generation groups on the 22nd of January, marking a new breakthrough in the strategic cooperation and integrative development of coal, railway and power production and transportation and is of great importance in guaranteeing stabilized supply of electricity-coal and facilitating smooth running of national economy.
Beijing, Taiyuan and Xian Railway Administrations belonging to CREC signed mutual insurance agreement on coal transportation for 2017 with four coal enterprises namely Shenhua Group, China National Coal Group, Yangquan Coal Group and Shaanxi Coal and Chemical Industry Group and five power generation groups namely Huaneng, Datang, Huadian, Guodian and SPIC.
According to a source in charge in CREC, it is the first time that coal, power and railway administrations cooperate with each other on production and transportation, with the purpose of further strengthening coal transportation capability, promoting a long-term and credible strategic cooperation and win-win relationship. This agreement means an efficient butt joint between coal transportation and railway transport capacity resources.
The source stated that this agreement clarified the transport volume and right and duty of the three parts, especially detailed the economic responsibility they should bear when breaking the agreement, which increased the constraining force of the agreement, and effectively promoted the mechanism construction that coal and power transportation can balance the production.
Beijing, Taiyuan and Xian Railway Administrations belonging to CREC signed mutual insurance agreement on coal transportation for 2017 with four coal enterprises namely Shenhua Group, China National Coal Group, Yangquan Coal Group and Shaanxi Coal and Chemical Industry Group and five power generation groups namely Huaneng, Datang, Huadian, Guodian and SPIC.
According to a source in charge in CREC, it is the first time that coal, power and railway administrations cooperate with each other on production and transportation, with the purpose of further strengthening coal transportation capability, promoting a long-term and credible strategic cooperation and win-win relationship. This agreement means an efficient butt joint between coal transportation and railway transport capacity resources.
The source stated that this agreement clarified the transport volume and right and duty of the three parts, especially detailed the economic responsibility they should bear when breaking the agreement, which increased the constraining force of the agreement, and effectively promoted the mechanism construction that coal and power transportation can balance the production.
