BEIJING - The State Grid Corp of China, the country's leading grid operator, plans to invest about 100 billion yuan ($A21.7 billion) in the next three or four years to expand its ultra-high voltage power transmission networks, executive vice president Shu Yinbiao said.
The company is already constructing two UHV lines, each more than 2,000 km long, from the hydro-power-rich southwestern China to fast-growing coastal regions in eastern China, at a cost of 40 billion yuan.
Shu did not say how the company would fund the new investment. He said at least some of the new spending would increase the number of UHV lines from the southwest to the east.
UHV lines are able to transmit much more power than normal lines.
