The Chinese power producing company China Guodian Corporation has announced that it is investing RMB 150 million ($23 million) to build a large coal distribution center with a storage capacity of 1 million mt in Jingzhou, Hubei Province, in order to ensure coal supplies for its four thermal power plants in the province. The facility will be the largest coal distribution center in Hubei.
The new center is expected to be put into operation in September 2012, with an annual turnover of 3-5 million mt of coal.
China Guodian Corporation is one of the five largest power producers in China.