China to invest more than 70 billion to upgrade infrastructure
BEIJING, CHINA - The State Grid Corporation of China (Beijing) announced that it will invest more than $70 billion to upgrade its infrastructure. Plans mainly focus on revising design standards for transmission lines nationwide.
Since the recent devastating snowstorms, the State Grid Corporation has also added design specifications regarding ice as well as for transmission lines in hard-to-reach areas.
The State Grid Corporation will complete reconstruction from the snowstorms according to original design standards. Repairs are expected to be complete by March 10. The implementation of the new guidelines could take three to five years, the State Grid Corporation said.
At the end of 2006, China had 281,500 kilometers of transmission lines at the 220-kilovolt level or higher, according to statistics from the State Electricity Regulatory Commission.
Industrial Info Resources (IIR) is a marketing information service specializing in industrial process and energy related industries with products and services ranging from industry news, forecasting, plant and project databases, as well as multimedia advertising campaign assistance.
Related News
Germany's Energy Crisis Deepens as Local Utilities Cry for Help
BERLIN - Germany’s fears that soaring power and gas prices could trigger a deeper crisis is starting to get real.
Several hundred local utilities are coming under strain and need support, according to the head of Germany’s largest energy lobby group. The companies, generally owned by municipalities, supply households and small businesses directly and are a key part of the country’s power and gas network.
“The next step from the government and federal states must be to secure liquidity for these municipal companies,” Kerstin Andreae, chairwoman of the German Association of Energy and Water Industries, told Bloomberg in Berlin. “Prices are rising,…
