Local power companies leverage the 920 Project to expand into other regions.-Taizhou Haoxin Electric Power Machinery Co., Ltd.

Local power companies leverage the 920 Project to expand into other regions.

Release time:

2025-07-23

The curtain has fallen on Project 920, and as equity auctions unfold, the traditional power landscape of generation companies is quietly undergoing transformation. Particularly noteworthy is the proactive approach taken by local power companies. Local power groups—represented by Yue Dian Li and Shen Energy—are now embarking on a path of expansion beyond their home regions and are gradually transforming into nationwide power conglomerates. At the outset of this round of power sector reform, the power-generation assets formerly owned by the former State Power Corporation were allocated to the five major power-generation groups. Although this marked a significant step toward separating power generation from grid operations, the power-generation assets assumed by any single group tend to be concentrated within unified geographic regions, inevitably giving rise to the risk of regional monopolies. For power-generation companies themselves, this...

At the outset of this round of power sector reform, the power-generation assets of the former State Power Corporation were allocated to the five major power-generation groups. Although this marked a significant step toward separating power generation from grid operations, the power-generation assets taken over by any single group are largely concentrated within unified regions, inevitably giving rise to the risk of regional monopolies. For power-generation enterprises themselves, this consolidated power structure is also not conducive to balancing operational risks arising from market supply and demand within each region. The launch of the 920 Project undoubtedly provides an opportunity for these locally-based power-generation companies that are eager to grow.

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Railway capacity will continue to favor coal transportation this year.

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Local power companies leverage the 920 Project to expand into other regions.

Railway capacity will continue to favor coal transportation this year.

Taizhou Haoxin Electric Power Machinery Co., Ltd.

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haoxin265@163.com

Phone: +86-523-86934699 +86-523-86116986
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Address: Xingyuan Road, Xuzhuang Science and Technology Entrepreneurship Park, Gaogang District, Taizhou City, Jiangsu Province

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