  
                          
                            Chinese Power Company to Spend 12.09B Dollars 
                              on Grid Renovation
                            
                           Jul 07, 2005 - BBC Monitoring Asia Pacific 
                           
                          An electricity shortfall of 25m kwh has been predicted 
                            by the State Power Grid Corporation (SPG), the China 
                            Securities Daily reported here Thursday [7 July]. 
                           
                             To remedy the situation, the largest power grid 
                              company in China has decided to input more than 
                              100bn yuan (about 12.09bn US dollars) on the construction 
                              and renovation of power grids.  
                             Of the 20,000-km-long transmission lines to be 
                              built this year, transmission lines of 5,556 km 
                              has been put to use by the end of June, said the 
                              article.  
                             SPG statistics showed that the first quarter has 
                              seen a total of 26 provincial power grids temporarily 
                              switch off electricity supply to alleviate power 
                              shortage.  
                             According to a forecast by the North China Power 
                              Grid Company, the region around Beijing, Tianjin 
                              and Tangshan of north China's Hebei Province suffered 
                              a combined power shortfall of 1.85m kwh.  
                             In a breakdown, the maximum capacity for Beijing 
                              power grids hit 10.7m kwh, up 13.4 per cent over 
                              a year earlier, causing a shortfall of more than 
                              1m kwh. The maximum capacity for Tianjin power grids 
                              reached 6m kwh, facing a shortfall of half a million 
                              kwh.  
                             Deputy general economic administrator Xie Zhiguo 
                              of the Beijing Power Company said that the capital 
                              of China has mapped out a series of measures to 
                              avoid the power demand at rush hours.  
                             A peak price has been put to pilot use among industrial 
                              consumers and will be practiced among all users 
                              by 2008 except residents, subway, trolley buses 
                              and farming irrigation, he said.  
                           
                              
                          
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