The reporter learned from the State Grid that by 2015, it will basically build a strong smart grid and become a world-class power grid, achieving a total profit more than doubled to 70 billion yuan in 2010. Last year, the national grid assets and liabilities ratio reached 62.5%.

After the rapid development of the “Eleventh Five-Year Plan”, the scale of the national grid has been doubled. Accumulatively completed grid investment of 1.2 trillion yuan. In the five years, the State Grid has realized a total profit of 133.6 billion yuan.

Liu Zhenya, general manager of the State Grid Corporation of China, pointed out that during the “12th Five-Year Plan” period, the country’s installed power generation capacity is expected to increase by nearly 500 million kilowatts from the 960 million kilowatts at the end of 2010, and the entire society’s electricity consumption will increase by 2 trillion kilowatt-hours. It is estimated that by 2015, the total profit of the national grid will reach 70 billion yuan, which is twice as fast as in 2010.