Composite Technology Corporation (fka CPTQE)

[bogeyschen]

June 14th - Projects
Beijing China - China Southern Power Grid to invest $6.9 billion by 2010
China Southern Power Grid, one of China's two state owned power grid firms, plans to invest 55 billion yuan ($6.9 billion) to improve its county level grids by 2010. The company would also spend 3.3 billion yuan in the next five years to complete its village level grids, in an effort to bring electricity to 410,000 rural households. CSPG would invest 11.1 billion yuan to reconstruct the county level grids and 1.8 billion yuan to build village level grids during 2006. The CSG grids cover the southern provinces of Guangdong, Yunnan, Guizhou and Hainan and Guangxi Zhaung Autonomous Region, with 338 county level branches providing electricity to more than 170 million people almost 73% of the region's population.