China Energy Investment Corporation (CHN Energy), the country's largest coal miner, had maintained a high monthly production of 50 million tonnes for 14 straight months as of the end of November, the company said.
The major's accumulative coal output reached 550 million tonnes by the end of November, it said, contributing to the nation's energy security.
The commercial coal production of its 10 operating mines in Xinjiang is expected to increase by 24.4% in 2022 compared with a year ago, with the monthly outbound coal shipment was estimated at 566,000 tonnes, twice as much as in 2021.
CHN Energy took the lead in implementing the national policy of stabilizing prices, strictly implementing the policy of coal contract signing and performance and making every effort to keep prices within a reasonable range and ensure supply during the winter peak demand season
The power companies under the group had strengthened equipment maintenance and reduced the unplanned outages of units to ensure power supply and heating. As of the end of November, the group generated 1,000 TWh of power, a year-on-year increase of 3.4%.
At the same time, all coal power enterprises of the group strengthened the control of thermal coal inventory, keeping the available days of inventory stable at more than 20 days during the winter season. Coal stocks in the group's power subsidiaries in Heilongjiang, Jilin and Liaoning could cover more than 30 days' worth of usage, the group said.
(Writing by Emma Yang Editing by Tammy Yang)
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