Home / Environment / Policies and Announcements Tools: Save | Print | E-mail | Most Read | Comment
State grid adds US$400 mln to budget this year
Adjust font size:

The State Grid Corp. of China (SGCC) on Wednesday announced that is to allocate an extra 2.73 billion yuan (US$399.7 million) to its scheduled budget this year on electricity grid equipment procurement.

However, the company did not disclose the specific figure for its total annual budget.

The Beijing-based company said 1.4 billion yuan would be earmarked for city electricity grid upgrading in central and western parts of China and another 1.33 billion yuan would go to the rural electricity grid upgrading in these regions, said Zhang Haiyang, head of information of the company.

The state-owned SGCC said it would reveal the detailed investment scheme in the following days.

The spending is part of the 4 trillion yuan stimulus package unveiled by the State Council, or cabinet, on Sunday to spur economic growth.

(Xinhua News Agency November 13, 2008)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous

China Archives
Related >>
- China improves power grid to better prepare against natural disasters
- State Grid ensures power supply for Beijing Olympic Games
- Power grid 'able to meet' high demand
- China increases power tariffs to help utilities
- Power loads rise in China
Most Viewed >>
- Unidentified acaleph-like aquatic found in SE China
- Nine nuclear plants in pipeline
- Bashang Grassland in Mulan Weichang
- Siberian tigers hunting
- Rubbish piles up in Jiaxing streets in pollution protest
Air Quality 
Cities Major Pollutant Air Quality Level
Beijing particulate matter III2
Shanghai particulate matter II
Guangzhou particulate matter II
Chongqing particulate matter III1
Xi'an particulate matter III1
NGO Events Calendar Tips
- Environmental English Training (EET) class
- Hand in hand to protect endangered animals and plants
- Changchun, Mini-marathon Aimed at Protecting Siberian Tiger
- Water Walk by Nature University
- Green Earth Documentary Salon
More
Archives
Sichuan Earthquake

An earthquake measuring 7.8 on the Richter scale jolted Sichuan Province at 2:28 PM on May 12.

Panda Facts
A record 28 panda cubs born via artificial insemination have survived in 2006.
South China Karst
Rich and unique karst landforms located in south China display exceptional natural beauty.
Saving the Tibetan Antelopes
The rare animals survive in the harsh natural environment of the Qinghai-Tibet Plateau.
More
Laws & Regulations
- Forestry Law of the People's Republic of China
- Meteorology Law of the People's Republic of China
- Fire Control Law of the People's Republic of China
- Law on Protecting Against and Mitigating Earthquake Disasters
- Law of the People's Republic of China on Conserving Energy
More
Links:
State Environmental Protection Administration
Ministry of Water Resources
Ministry of Land and Resources
China Environmental Industry Network
Chengdu Giant Panda Research Base