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China to Invest Nearly USD 900 Billion in Power Grids

This huge investment would be made on segments such as ultra high voltage power transmission, electric vehicle chargers and new digital infrastructure.

October 10, 2020

China to invest USD 900 billion in power grids

China will invest close to USD 900 billion in the next five years to help further develop the country’s power grids, as reported in a leading daily.

Investments in power grids and related industries are expected to exceed 6 trillion yuan (USD 896 billion) in 2021-2025.

The investments will center on areas such as ultra high voltage power transmission, electric vehicle chargers and new digital infrastructure.

Wire & Cable India