According to the Guangxi Energy announcement, the company plans to invest 8.334 billion yuan to build a pumped storage power station in Hezhou, Guangxi. The project is located in the Babu District of Hezhou City, with a design capacity of 1.4 million kilowatts. It is expected to be fully completed and put into operation in the middle and late stages of the “16th Five-Year Plan.” The project capital consists of 20% of the company's own capital and long-term bank loans. The estimated return on capital over a 40-year period of operation is 4.73% - 5.72%. This investment does not constitute a major asset restructuring and still needs to be reviewed by the shareholders' meeting.

Zhitongcaijing · 2d ago
According to the Guangxi Energy announcement, the company plans to invest 8.334 billion yuan to build a pumped storage power station in Hezhou, Guangxi. The project is located in the Babu District of Hezhou City, with a design capacity of 1.4 million kilowatts. It is expected to be fully completed and put into operation in the middle and late stages of the “16th Five-Year Plan.” The project capital consists of 20% of the company's own capital and long-term bank loans. The estimated return on capital over a 40-year period of operation is 4.73% - 5.72%. This investment does not constitute a major asset restructuring and still needs to be reviewed by the shareholders' meeting.