http://www.bloomberg.com/apps/news?pid=20601080&sid=awxoLBqtyD1E&refer=asia
" July 29 (Bloomberg) -- China, the world's second-biggest energy consumer, is facing a deepening summer power crisis that may persist into the winter months, the nation's dominant electricity distributor said.
State Grid Corp. of China, which more than 1 billion people rely on for power, said electricity shortages have worsened because of inadequate coal supplies. Forty-six percent of the power stations connected to the distributor's grid have coal stockpiles below the ``caution line,'' or seven days of consumption, data from the company showed today. "
...
"To conserve energy, Premier Wen Jiabao has ordered the nation to cut back on summer air-conditioning and drive less, the Chinese government said in a statement on July 23."
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- interesting read on coal
CDS
comdek limited.
interesting read on coal, page-2
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