China stops power stations
(Xinhua)
Updated: 2006-06-20 09:16
China has stopped construction of power stations with a total capacity of 34
million kilowatts to avoid possible over supply of power, said an official on
Monday.
The banks should stop giving loans to those programs and relevant
departments should not ratify the programs, said the official with the National
Development and Reform Commission (NDRC).
The generating equipment
manufacturers can not produce enough equipments to meet the demands of power
stations under construction. The approved programs have been affected, said the
official, who wished to remain anonymous.
When the peak period of power
station construction is over, the equipment manufacturers may see big ups and
downs if no timely measures are taken, said the official.
China's total
power installed capacity has reached 531 million kilowatts, and more than 70
million kilowatts of newly installed capacity is expected to be put into
production this year.
In the second half of the year, China's power
supply and demand is expected to be balanced.
The power station
construction plan for 2008 and subsequent years would be made according to the
market demand, said the NDRC official.
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