News and Policies
First mixed-ownership power firm starts operations in Shanxi
Updated: Jan 23, 2019
chinadaily.com.cn
Print
Share - WeChat
The Shanxi transformation and Comprehensive Reform Demonstration Zone Distribution Power Co, the first power distribution company with mixed ownership in Shanxi province, has recently started operation.
The company was founded by State Grid Shanxi Electric Power Co, Shanxi JR Shichuang Energy Co, Huaneng Shanxi Integrated Energy Co and Taiyuan High-tech Industry Construction and Development Co in February 2018 with shareholders made up of the power grid, power generation stations, government-owned investment companies and private businesses.
The power company services an area of about 212.76 square kilometers, covering 54,344 clients. The company's projected electricity sales amount to 340 million kWh annually, which makes it the largest incremental power distribution pilot project in China.
MOST POPULAR
- 1 China to give visa-free treatment to another 9 countries
- 2 China fully opens manufacturing sector to foreign investors in landmark opening up move
- 3 China's import expo attracts record-breaking participating countries, exhibitors
- 4 China's door opening even wider to foreign visitors, businesses
- 5 China revises rules to ease foreign strategic investment in listed firms
Editors' Picks
Infographic:
China's public holidays for 2025
Infographic:
Basic facts of APEC
Infographic:
Wrapping up the 7th CIIE: Data recap
