星期五, 23 5 月, 2025

Warning: Array to string conversion in /www/wwwroot/pv366/wp-includes/shortcodes.php on line 434
Home NDRC Energy Bureau encourages enterprises to use CBM
Array

NDRC Energy Bureau encourages enterprises to use CBM

So far China has more or less established a policy system to promote the mining and use of coal gas (CBM). The system will fully waken the business initiatives, effectively promoting the development and utilization of coal bed methane as well as improving the safety condition of coal production.  


The State Council announced “A Number of Opinions on Speeding up the Mining and Use of CBM” in 2006, proposing 16 measures and confirming the guiding principles of recovering proceeding mining and equal focus on control and utilization. A source from NDRC Bureau of Energy indicates relevant departments and local governments have been actively implementing the State Council’s planning, and the initial results are significant. 


Most provinces and municipalities have formulated favourable tax and fee policies, which have been fulfilled at local enterprises. Such tax relief concessions include the following: specialized equipments and tools for prospecting and recovering CBM are exempted from import duty and import value added tax; CBM recovering enterprises will have their VAT refunded and enjoy accelerated depreciation, investment tax credit and deduction of technological upgrade fees, and a temporary zero resource tax will be carried out for the ground level recovering of CMB.  


 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Eku Energy acquires Bluestone BESS pipeline

Battery energy storage system (BESS) firm Eku Energy has acquired Bluestone Energy’s BESS portfolio. Eku Energy has taken on seven planned BESS projects from renewable...

Intersolar Europe 2025: Sungrow Debuts Revolutionary Renewable Energy Breakthroughs

Sungrow, the global leading PV inverter and energy storage system (ESS) supplier, showcased a broad range of solar, storage, EV charging, module-level power electronics...

Reliability in Extreme Latitude: Sungrow Deploys 60MWh Battery Storage Project Close to the Arctic Circle

Sungrow, the global leading PV inverter and energy storage system provider, announces the successful deployment of the 60MWh battery storage project in Simo, Finland....

Jinko ESS partners with Filkab to launch dual-track energy storage strategy in Bulgaria

Jinko ESS has announced the signing of a contract with leading Bulgarian energy solutions provider Filkab to implement a dual-track energy storage strategy aimed...