|
BIZCHINA> Top Biz News
![]() |
|
Related
Beijing to power up with 7 billion yuan
By Xiao Wan (China Daily)
Updated: 2008-12-24 08:05 Beijing plans to invest 7 billion yuan on power network construction by the end of 2010, according to the municipal commission of development and reform. The municipal government has invested 400 million yuan on building power transmission lines this year, and local power companies have invested 2.8 billion yuan, said Luo Yong, deputy director of the electric power management department under the commission. Compared with 2005, the city's power transmission capacity has seen a rise of 25 percent. To meet demand during the 2008 Olympic Games, Beijing upgraded its power supply infrastructure in the past two years, adding over 100 transformer stations and nearly 1,000 km of power transmission lines, according to State Grid Corp of China (SGCC). SGCC earlier said it plans to more than double its investment for the next two years to around 1 trillion yuan for power grid construction nationwide. The planned investment is yet to be approved by the State Council, or the cabinet. SGCC spokesman Lu Jian earlier said the company had already arranged 12 billion yuan in the fourth quarter for the development of urban and rural power supply in the country. Analysts said power construction could directly benefit industries such as metallurgy, building materials and machinery manufacturing, and would promote investment, consumption and trade. (For more biz stories, please visit Industries)
|
长乐市| 灵璧县| 贡觉县| 麻城市| 锡林浩特市| 昆山市| 潼关县| 阜宁县| 独山县| 海伦市| 大邑县| 文水县| 黄石市| 观塘区| 湘阴县| 彭水| 沁阳市| 镇安县| 湘潭县| 莎车县| 绥中县| 内乡县| 云南省| 青铜峡市| 许昌县| 荥经县| 宜兰市| 天镇县| 长泰县| 浠水县| 全州县| 府谷县| 黔南| 抚顺市| 阿城市| 炎陵县| 乐业县| 阆中市| 称多县| 囊谦县| 仲巴县|