Overhauling China's trillion-dollar power industry

China’s move to create the world’s biggest power company is expected to be the first such government-managed mega-merger by the largest energy consumer.The newly created China Energy Investment Corp. - a combination of Shenhua Group Corp., the nation’s largest coal miner, and China Guodian Corp., one of its top-five power generators - may be the first of multiple consolidations, which Wood Mackenzie Ltd.

29 August 2017