June 24, 2013
China’s largest power supplier, the State Grid Corporation, is to invest more than 24 billion yuan (about USD 3.9 billion) in boosting infrastructure in western China. Currently, around six hundred thousand people living in China’s western regions have no electricity, or an unstable supply.
Earlier, the State Grid Corporation of China signed agreements with Sichuan, Gansu, Qinghai provinces, Xinjiang Uyghur Autonomous region and Tibet Autonomous Region. Over 24 billion Yuan will be invested, and over six hundred thousand people will benefit from the project by 2015. Over 10,000 workers are expected to join the labor force for the power upgrade. The Sichuan Electric Power Corporation says they plan to invest 7.25 billion yuan in reconstructing or upgrading five transformer 110 kV substation, a 110 kilovolt line that is 398 km long, and seventy 35 kV substations.