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CEIG to invest 52.2 bln yuan in 12th Five-Year Plan

CEIG to invest 52.2 bln yuan in 12th Five-Year Plan

Write: Ranulf [2011-05-20]

CHONGQING (CQNEWS) -- Chongqing Energy Investment Group (CEIG) plans to invest 52.212 billion yuan for the construction of local energy supply security system in the 12th Five-Year Plan.

Amounting to 10.263 billion yuan will be used for coal programs in Chongqing, Yunnan, Guizhou and so on.

A total of 21.821 billion yuan will be invested in 9 programs including hydroelectricity, wind power, and thermal power in Chongqing and Xinjiang and other areas.

Also, 5.759 billion yuan will be applied to programs including gas introduction, pipeline construction, gas supply system upgrade and shale gas mining and so on.

The rest 14.369 billion yuan will be distributed to other items. (Translated by Li Yao, Fathom Language Limited)