$68.7 Billion on grid for 2015
The State Grid Corporation of China (SGCC) said it plans to spend 420.2 billion renminbi ($68.7bn) on grid infrastructure this year, representing a year-on-year increase of 24%, according to the state-run Xinhua News Agency. The investment boost follows a 14.1% increase in spending in 2014, Xinhua said. SGCC will start construction of 64,000 kilometres of alternating current (AC) power transmission lines an ...
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