BEIJING, March 27 (Xinhua) -- The State Grid Corporation of China has been nodded to build a 1000 kv substation expansion project in Wuhu, East China's Anhui Province, according to a report of Shanghai Securities News.
It is the first ultra-high voltage project of the State Grid and in China as well approved to built this year since the country decided to accelerate construction of new infrastructure to boost the economy.
Located in Wuhu City, the 1000 kv substation was put into operation in September 2013. It is an essential segment of the ultra-high voltage power network in east China.
The expansion project will build a 3 million kv substation with a total investment of 306 million yuan.
It’s learned from the State Grid that the company will invest 181.1 billion yuan in ultra-high voltage projects this year, which will spur an investment of 360 billion yuan for the whole economy.
This year, the company initially plans to arrange 450 billion yuan of investment in power grid construction, which is expected to stimulate a total investment of 900 billion yuan.
(Edited by Yang Qi with Xinhua Silk Road, email@example.com)