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Home / Metal News / Power grid investments down 24.1% YoY in Jan-Apr

Power grid investments down 24.1% YoY in Jan-Apr

iconMay 22, 2018 16:57
Source:SMM
China invested 99.3 billion yuan in power grid projects in the first four months of this year, down 24.1% year on year, according to data from the China Electricity Council

SHANGHAI, May 22 (SMM) – China invested 99.3 billion yuan in power grid projects in the first four months of this year, down 24.1% year on year, according to data from the China Electricity Council.

Planned investment in 2018 by the State Grid is 7.1% higher than in 2017. Thus, SMM expects investment in power grid projects to grow the rest of the year.

 

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