Shanghai Municipality, a financial center in east China, will build more power infrastructures after the record electricity shortage this summer, according to local power supply department.
The city will build two transformer projects with 500 KVA each by June 2005, increasing total transmission capacity by 13.9 percent. By 2010, Shanghai would have 13 transformer substations of 500 KVA and 130 substations of 220 KVA, said the department.
In two years, Shanghai would build two 300,000-kw generating units and three 400,000-kw generating units and the total installed capacity would grow by 15.8 percent.
The department said Shanghai would invest 5 billion yuan (US$603 million) each year for the next six years in power infrastructure. This is double its investment in the 1990s.
In summer, Shanghai broke the record of power consumption five times, with the all-time high reaching 15 million kw, 1.39 million kw more than the same period last year.
The department predicted that next summer, Shanghai's consumption will reach a record 18.8 million kw with a shortage of 4.2 million kw, a year-on-year increase of 11.7 percent.
(Xinhua News Agency September 18, 2004)
