PowerChina says new-type power grid will be a core growth pillar as 2026 — the
opening year of China’s 15th Five-Year Plan — sees national “six networks”
annual investment exceeds 7 tln yuan. The company will prioritize water and
energy businesses and shift resources to strategic emerging industries. Over the
15th FYP PowerChina aims to keep water+energy investment at or above 65% and
have strategic-emerging businesses account for at least 70% of incremental
investment. For 2026 water projects the firm has flagged >1,400 domestic
"five-star" priority projects totaling about 1.7 tln yuan and roughly 150
international "five-star" priority projects totaling ~130 bln yuan, putting
tracked water projects above 1,500. PowerChina says it will assign subsidiary
chiefs and dedicated project teams to priority-list projects to boost
bid-to-contract conversion.
