SGCC deployed 181 billion USD into power grid upgrades
China’s largest power grid network operator, State Grid Corp of China, deployed 1.2 trillion CNY on updates over the last five years.
State Grid Corp of China, the country largest power grid network operator has deployed 181 billion USD on domestic power grid upgrades over the past five years.
SGCC said the 181 billion USD is larger than the combined domestic power grid network investments from 1949 to 2005.
SGCC, which operates 88% of China's power grid network, sold 2.7 trillion kW hours of electricity and achieved sales revenue of 227 billion USD in 2010. The company reported a profit of 6.8 billion USD in the same year and hopes to boost that figure to 11 billion USD by the end of 2015.
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Annual Salary Survey
After almost a decade of uncertainty, the confidence of plant floor managers is soaring. Even with a number of challenges and while implementing new technologies, there is a renewed sense of optimism among plant managers about their business and their future.
The respondents to the 2014 Plant Engineering Salary Survey come from throughout the U.S. and serve a variety of industries, but they are uniform in their optimism about manufacturing. This year’s survey found 79% consider manufacturing a secure career. That’s up from 75% in 2013 and significantly higher than the 63% figure when Plant Engineering first started asking that question a decade ago.