TEC: The power generation of subsidiaries in 2024 is expected to decrease by 3.86% year-on-year
TEC announced that the power generation of its subsidiary Shanxi Sunshine Power Generation Co., Ltd. for the year 2024 was 61,766,000,000 kWh, a year-on-year decrease of 3.86%. Despite the annual decline in power generation, the power generation in the fourth quarter was 17,514,300,000 kWh, a year-on-year increase of 9.42%. The average on-grid electricity price was 355.50 yuan/kWh, a year-on-year increase of 9.40%
According to the announcement from Tongbao Energy (600780.SH), in the fourth quarter of 2024, its wholly-owned subsidiary Shanxi Sunshine Power Generation Co., Ltd. achieved a power generation of 1,751,430,000 kWh, an increase of 9.42% year-on-year; the on-grid electricity volume was 1,591,580,000 kWh, an increase of 9.27% year-on-year; the average on-grid electricity price (including tax) was 349.73 yuan/kWh, an increase of 11.40% year-on-year.
In 2024, Shanxi Sunshine Power Generation Co., Ltd. achieved a power generation of 6,176,600,000 kWh, a decrease of 3.86% year-on-year; the on-grid electricity volume was 5,609,420,000 kWh, a decrease of 4.0% year-on-year; the market-based transaction electricity volume accounted for 100% of the on-grid electricity volume, the same as the previous year. The average on-grid electricity price (including tax) was 355.50 yuan/kWh, an increase of 9.40% year-on-year
