China's State Grid completes power grid construction in poverty-stricken region

Time:2020-07-03 11:05:33      Source:ChinaDaily.com
The State Grid Corporation of China said it completed the construction of the power grid program in poverty-stricken regions on Tuesday.
 
The program has boosted power services for some 17.77 million residents in 198 poor counties in the five provincial-level regions of Sichuan, Gansu, Qinghai, Xinjiang and Tibet, the company said.
 
From 2018 to 2020, the firm has completed 7,957 projects with a total investment of 30.4 billion yuan (about $4.31 billion) in these regions, where the power supply level is close to the national average in the first half of 2020.
 
It said farmers and herdsmen in poor regions were given the priority to participate in constructing these projects, which created 34,000 new jobs and attracted investment of 223 billion yuan in the construction and equipment manufacturing sectors.
 
In 2018, China launched a three-year plan to upgrade power grids in the country's poverty-stricken areas, while all tasks were fulfilled by the end of June, according to the National Energy Administration.
 
 
 
Index RMB/t DoD Basis Date
Datong 5500 700 0 ex-mine 05-04
Shuozhou 5200 680 0 FOR 05-04
Ordos 5500 700 0 ex-mine 05-04
Yulin 6200 780 0 ex-mine 05-04
Liulin Low-sulphur 900 0 ex-mine 05-04
Gujiao Low-sulphur 1770 -50 FOR 05-04
Xingtai Low-sulphur 2360 0 ex-Factory 05-04
Yangquan PCI 1280 -30 FOR 05-04
Index RMB/t WoW WoW% Date
Qinhuangdao 507.0 1.0 0.20 05-04
Caofeidian 541.0 9.0 1.69 05-04
Huanghua 216.9 12.4 6.06 05-04
Guangzhou 291.2 3.0 1.04 04-27
coastal 6PPs 1629.8 44.7 2.82 07-02
North Ports 2697.8 53.0 2.00 02-01
Yangtze River delta 1242.5 -74.7 -5.67 02-01
South Ports 2233.4 -216.0 -8.82 02-01
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