CGN Power (SHE:003816, HKG:1816) set the feed-in tariff for its newly operational Cangnan Units One and Two at 0.4153 yuan per kilowatt-hour during their non-market-trading period.
The company also signed a purchase agreement with Guangdong Power Grid for Huizhou Units One and Two under the same tariff terms, according to a Tuesday filing with the Shenzhen bourse.
Both Cangnan Unit One and Huizhou Unit One started commercial operation in April 2026, while their respective Unit Twos are slated for commissioning in the second half 2026 and 2027.
Shares of the nuclear power producer rose 1% on the Shenzhen and Hong Kong bourses.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments