 China's State Grid starts building Sichuan-Shanghai transmission networkMay 23, 2007 - XFN-ASIA BEIJING: State Power Grid Corp, one of the China's two major state-owned power transmission firms, has started constructing a 800 kv direct current power transmission network, linking Sichuan province in the southwest of the country to Shanghai. The project, which is slated to come online in 2011, involves total investment of about 18 bln yuan, the company said in a statement. The project is designed to transmit electricity produced by the Xiangjiaba hydropower station on the Jinsha River in Sichuan to eastern provinces. China started constructing the Xiangjiaba hydropower station at the end of last year . It will have installed capacity of six mln kilowatts with annual electricity output of 30.75 bln kWh. ( 1 usd = 7.65 yuan ) kelly.zang@xfn.com
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