China eyes tight supply of power

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Source: China.org.cn
China is likely to continue facing tight power supply conditions this year as demand is growing while supply is stagnating, reported the electrical power industry association. The demand is expected to exceed supply by 30-40 million kilowatts in 2012. The electricity consumption is likely to increase by 9.5% over the year, indicating 2% slower growth pace. At the same time, investments in the energy sector will amount 117.35 billion US Dollars, reported CEC.


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