The investment plan of Electroweb in 2022 exceeds 500 billion yuan for the first time.

Published: Jan 17, 2022 15:22
[national Network 2022 Electroweb Investment Plan broke 500 billion yuan for the first time] State Electroweb Co., Ltd. (hereinafter referred to as "State Electroweb") has increased its Electroweb investment this year. The country's Electroweb held its annual working meeting on January 13, and plans to invest 501.2 billion yuan in Electroweb in 2022. This is the first time that the annual Electroweb investment plan of the State Network Company has exceeded 500 billion yuan, a record high and an increase of 8.84 percent over the same period last year.

China Electroweb Limited (hereinafter referred to as "State Electroweb") has increased its Electroweb investment this year.

The country's Electroweb held its annual working meeting on January 13, and plans to invest 501.2 billion yuan in Electroweb in 2022.

This is the first time that the annual Electroweb investment plan of the State Network Company has exceeded 500 billion yuan, a record high and an increase of 8.84 percent over the same period last year.

In 2020, China Electroweb completed an investment of 460.5 billion yuan for Electroweb, and pledged to complete an investment of 473 billion yuan for Electroweb by 2021.

In 2021, China's Electroweb infrastructure investment in Electroweb totaled 402.48 billion yuan.

Electroweb investment has always been an important way to stabilize growth, in the context of the vigorous development of new energy, UHV Electroweb continues to usher in incremental demand.

According to the Guorong Securities Research report, Electroweb is an important part of counter-cyclical regulation. With the superposition of problems such as large-scale consumption of new energy and changes in load structure, investment in Electroweb industry will be accelerated.

According to people familiar with the matter, the country will launch a new round of UHV construction on a large scale this year, and all planned projects are expected to be approved. During the 14th five-year Plan period, the National Electroweb plans to build "24 deliveries and 14 direct lines", involving more than 30, 000 kilometers of lines, with a total investment of 380 billion yuan.

Among them, Electroweb plans to start construction of 13 UHV lines in 2022. This means that UHV Electroweb will usher in a new round of construction peak. Affected by this good news, UHV concept stocks once ushered in a big rise.

During the 14th five-year Plan period, both State Electroweb and South China Electroweb Co., Ltd. (hereinafter referred to as South Electroweb) plan to increase Electroweb investment.

Xin Baoan, chairman of National Electroweb, said that during the 14th five-year Plan period, the country Electroweb plans to invest 350 billion US dollars (2.23 trillion yuan).

Southern Electroweb proposed that the investment in the Electroweb construction plan of the 14th five-year Plan is about 670 billion yuan, 36 percent higher than that of the 13th five-year Plan.

Based on this calculation, the investment of the two major Electroweb companies in the 14th five-year Plan will exceed 2.9 trillion yuan. This is 13% higher than the total investment of Electroweb in the 13th five-year Plan period and 45% higher than that during the 12th five-year Plan period.

From January to November 2021, investment in Electroweb projects nationwide totaled 410.2 billion yuan, up 4.1 percent from the same period last year, according to the National Energy Administration.

So far, Southern Electroweb has not announced its Electroweb investment plan for this year.

In 2014, China's Electroweb investment in Electroweb entered a stage of great development. In that year, the "Liangjiao has been" UHV project officially started, and UHV Electroweb entered a new stage of comprehensive large-scale construction and accelerated development. National Electroweb completed an investment of 338.5 billion yuan in Electroweb, an increase of 14.1%.

In 2015, in order to solve the problem of abandoning wind, water and light, the construction of power transmission channel has become the highlight of Electroweb construction. In that year, the country's Electroweb and Electroweb investment reached 420.2 billion yuan, an increase of 24 percent over the same period last year.

In 2016, national Electroweb and Electroweb investment reached a high of 497.7 billion yuan, an increase of 18.44% over the same period last year. We will build a strong intelligent Electroweb with UHV as the backbone and coordinated development of Electroweb at all levels, and increase clean energy consumption capacity.

China's UHV construction slowed in 2017, when only two projects were approved and Electroweb's Electroweb investment went downhill.

From 2017 to 2019, the actual completion of Electroweb investment by Electroweb was 485.4 billion yuan, 488.9 billion yuan and 447.4 billion yuan respectively.

In 2020, UHV became one of the key areas of the new infrastructure strategy. National Electroweb increased the scale of UHV investment, and Electroweb investment increased that year.

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