Between January and September of 2025, State Grid has accomplished fixed asset investments exceeding 420 billion yuan, marking an 8.1% year-on-year surge. Since the start of this year, ultra-high-voltage direct current projects, including Longdong-Shandong, Hami-Chongqing, and Ningxia-Hunan, have been sequentially launched into operation. Meanwhile, significant projects such as the Datong-Tianjin South and Yantai-Weihai ultra-high-voltage alternating current projects have kicked off construction. It is anticipated that the annual investment volume will, for the first time, surpass 650 billion yuan.
