BEIJING, March 6 China's Shenhua Group will not
inject its coal-to-liquid project into its listed arm, China
Shenhua Energy Co (601088.SS)(1088.HK), this year, the group's
chairman said on Thursday.
"Not for the time being. At least it's not possible this
year," said Chen Biting, chairman of the group, when asked about
such an asset injection on the sidelines of an annual
parliamentary gathering in Beijing.
The coal-to-liquid (CTL) plant, based in coal-rich Inner
Mongolia, is expected to launch production in the third quarter
of this year.
(Reporting by Coco Li; Editing by Edmund Klamann)