CHENGDU, Feb. 15 (Xinhua) -- The State Grid Sichuan Electric Power Company will invest nearly 5.4 billion yuan (around 800 million U.S. dollars) to update the power grid in ethnic regions of southwest China's Sichuan Province.
The investment will flow into power grid projects in the Ganzi Tibetan Autonomous Prefecture, Aba Tibetan and Qiang Autonomous Prefecture, and Liangshan Yi Autonomous Prefecture, the company announced Friday.
Tan Yongxiang, general manager of the company, said the sustained investment had improved the quality and stability of power transmission in the poverty-stricken areas.
"A power grid is the basic public infrastructure and key to the social and economic development," said Sugarbu, head of the Liangshan Yi Autonomous Prefecture government.
The power transmission capacity in the prefecture has increased from two million kW in 2011 to the current 14.2 million kW.