China urges top utilities to speed up transfer of 40 coal-fired power plants - document

BEIJING (Reuters) - China has urged the country's five biggest utilities to speed up the transfer of 40 coal-fired power plants in the northwest of the country, according to a document seen by Reuters and confirmed by a person with direct knowledge of the matter.The move follows Beijing's pledge, reported by Reuters last year, to reduce debt and to shed coal-fired power capacity by as much as a third in two years at the five state-owned power generators.The document, dated May 20 and issued by..