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ACCC authorises CS Energy / CPM joint negotiation.
0 Comments | M2 Presswire, November, 2006
M2 PRESSWIRE-20 November 2006-ACCC: ACCC authorises CS Energy / CPM joint negotiation(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:20112006 The Australian Competition and Consumer Commission has issued a decision authorising* CS Energy Limited and Callide Power Management Pty Ltd (CPM) to jointly negotiate a price review with Anglo Coal.
CS Energy and CPM propose to agree to use the same data as the basis for the review, to engage joint experts and consultants and to jointly conduct negotiations with Anglo Coal. CS Energy is the owner of the Callide B power station, while CPM and CS Energy are 50/50 joint venture partners in the Callide C power station. Anglo Coal owns the Callide coal mine. Both CS Energy and CPM have existing agreements with Anglo Coal...
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