Reports: China hiking electricity rates
Factories have been ordered to use power more efficiently and shut down when the weather gets too hot; and shopping centers have been told to cut back on lighting and air conditioning, according to reports from the Associated Press citing Chinese state media.
China raised electricity prices in the past week across a large part of the country by an average of 0.02 yuan (two-hundredths of a U.S. cent) per kilowatt-hour, adding to the rate of about 0.5 yuan (6 cents) per kilowatt-hour, state newspapers have reported.
Some cities also are introducing seasonal pricing. In Beijing, prices will rise by 11 percent during peak times between June and October, the China Daily newspaper said recently.
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TEHRAN - Aradakanian has focused his one-day visit to Iraq on discussions pertaining to promoting bilateral collaboration between the two neighboring nations in the field of electricity, synchronizing power grid between Tehran and Baghdad, cooperating in education, and expansion of power networks.
He is also scheduled to meet with Iraqi top officials in a bid to boost cooperation in the relevant fields.
Back in December 2019, Ardakanian announced that Iran will continue exports of electricity to Iraq by renewing earlier contract.
"Iran has signed a 3-year-long cooperation agreement with Iraq to help the country's power industry in different aspects. The documents states at…
