CSG powers up with additional investment

China Southern Power Grid (CSG), the second largest electricity distributor in China, will invest 71 billion yuan this year in its 20 key projects.

About 62.2 billion yuan will be invested to reconstruct urban grids and upgrade grid infrastructure in rural areas. Roughly 8.8 billion yuan will be invested in constructing new power grids.

The investment will partly go to 11 major grid expansion projects, including improvements for a west-east power transmission project, the 500-kV Guishan Mountain-Cangjiang River-Shuixiang electricity transmission project and the 500-kV Xiaowan power plant project, the company announced on its website yesterday.