Asia

Singapore firm launching Xiamen coal index

Guangzhou: Électricité de France (EDF), a top utility company, has decided to jointly launch China’s first international coal price index platform at Xiamen with Singapore-headquartered Great Eastern Natural Resources Development.

The international coal price index is designed to provide a comprehensive, objective and timely reflection on coal price changes.

Meanwhile, the two international companies have reached agreement to set up an energy policy research institute with Xiamen University to service the coal price index. [22/05/13]

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