Yunnan Power Grid to boost investment in 2009-2011

Yunnan Power Grid Company will invest more than 12 billion yuan annually to upgrade its power supply network in urban and rural areas between 2009 and 2011, said Li Pinqing, general manager of the company, China daily reported.

The investment is twice more than the company's investment in recent years. The total investment on power network construction in Jan-Nov has reached 9.95 billion yuan, 2.77 billion yuan more than they originally planned.