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China's Hebei province invests USD 707 million for coal to gas switch

Coal News - Published on Fri, 22 Dec 2017

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China's Hebei province puts USD 707 million for coal-to-gas switch

1. China's smog-prone Hebei province "urgently allocated" 4.65 billion yuan (USD 707.06 million) from provincial funding to subsidise a switch from coal fuel to gas, the local government said in a statement released on Tuesday

2. Subsidies will be used for gas- and electric-heating equipment and operational costs

3. Funding comes as residents in Hebei, China's biggest steel-producing province, struggle to access heating facilities amid recent gas shortages

4. Over 2.5 million households in Hebei have switched to gas or electric heating amid Beijing's campaign against air pollution

5. Hebei previously allocated 2.7 billion yuan to fund the subsidy.

Source :

Posted By : Nanda Koijam on Fri, 22 Dec 2017
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