Tariff rise cannot offset power producers' losses: Expert

The rise in on-grid power tariff which, was introduced on Wednesday, cannot fully offset domestic power producers' losses caused mainly by rising coal prices, industry insiders said.

"The hike can offset some 40 yuan per ton in coal price rise," said Xue Jing, director of the department of statistics and information under China Electricity Council.

"However, coal prices have seen an increase of 140 yuan from January to August of this year, and the price will see a further rise," she said.