“Starting from February 10, west Inner Mongolia will remove discounts for large power usage, and smelters with their own power plants will have to pay cross-subsidization based on the power amount they generate and consume,” the commission said on Thursday.
This means smelters will no longer enjoy a discount for the power they use beyond a certain level.
Previously, the autonomous region granted power users that consumed between 100 million and 500 million kilowatt hours (kWh) a 0.5 cent per kWh discount and a 1 cent per kWh discount for those that consumed between 500 million and 1 billion kWh, according to market participants.
The discount would then increase by 0.5 cent per 500 million kWh used beyond 1 billion kWh, they added.
In addition, Inner Mongolia will...
