Power industry expected to fuel economic growth in Yunnan

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Last updated at: (Beijing Time) Saturday, February 14, 2004

Power industry expected to fuel economic growth in Yunnan

Underdeveloped Yunnan Province in southwestern China has set a goal of building its power industry into a pillar sector for local economic development by 2020.

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Underdeveloped Yunnan Province in southwestern China has set a goal of building its power industry into a pillar sector for local economic development by 2020.

Local abundant water resources give Yunnan the capacity to install up to 90-million-kw waterpower units, accounting, at 17.9 percent, for the largest proportion of the country's total.

So far, two-thirds of generating units in Yunnan operate with waterpower, and the remaining one-third are thermal power plants with coal fuel.

The province plans to increase local installed capacity from 9.4 million kw in 2003 to 60-80 million kw in 2020, with output value of the power industry rising from 10 billion yuan (1.2 billion US dollars) in 2003 to 100 billion yuan (12 billion dollars) in 2020.

This means that as from 2020, power plants in Yunnan will be capable of offering more than 300 billion kwh of electricity a year.

Source: Xinhua

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