China's Shenhua raises power tariff by 4.5 pct

HONG KONG, July 10 (Reuters) - China's Shenhua Energy Co Ltd (1088.HK) (601088.SS), the world's most valuable coal producer, raised tariffs charged at its coal-fired power plants by an average 4.5 percent from July 1.

The adjustment was made after China's decision to adjust on-grid tariffs for power plants, to ease the pain of rising coal prices on generators and ensure electricity supply.

Shenhua said in a statement late on Wednesday it had a total of 17,591 megawatts of installed power capacity at the end of June.

Shenhua's Hong Kong-listed shares fell 1.8 percent on Thursday, versus a 1.1 percent drop on the benchmark Hang Seng Index's .HSI.

For details on Shenhua's power tariff hikes across the country, please click here. (Reporting by Judy Hua; Editing by Anne Marie Roantree)