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It may cost more than CNY300b.
Based on media reports, China State Grid is planning 13 ultra-high voltage transmission lines for next year.
According to a research note from Maybank Kim Eng, it may involve a total investment of more than CNY300b.
Furthermore, it also plans to complete construction of 27 transmission lines by 2020.
Here's more from Maybank Kim Eng:
We think this is positive for wind-farm operators as we expect it could help with electricity transmission to other regions and lower wind power curtailment.
We believe beneficiaries include: Longyuan (916 HK), Huaneng Renewables (958 HK) and Datang Renewable (1798 HK).
 
  
                     
  
                     
                                       
                                       
                                       
                                       
                                                           
                                                           
                                                           
                                                           
           
                                 
                                 
                                 
               
                                     
                                     
                                     
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                 
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
                             
                             
                     
                             
                 
                 
                 
                 
                 
                 
                