|Pan’an Biggest Water Project Enters Construction Phase|
On June 28, the construction of a pumped storage power station (PSPS), the largest project in Pan’an history for a single investment, was officially launched. This is great news for the county of Pan’an and a crucial event for the socio-economic development of the region. The project has been planned for 25 years; since the preliminary planning began in 1995, to the approval and landing in 2019 when the construction officially started.
With a total investment of 7.608 billion RMB, the PSPS is the largest single-investment project in Pan’an’s history and is the first and only PSPS project approved for construction in the municipality of Jinhua. According to the plan, the total land area of the project is over 2.7 square km; the project consists of an upper reservoir, lower reservoir, water delivery system, underground powerhouse and switch station. The total installed capacity of the power station is 1200MW (4×300MW), including four generator sets of 300kW to connect to the Zhejiang Power Grid with a voltage of 500 kV. With investment from the State Grid Xin Yuan Company Limited, the project is planned and designed by POWERCHINA HUADONG Engineering Corporation Limited (HDEC), and it is planned to be completed and put into operation in 2028.
Pan’an’s PSPS project has significant economic, social, and environmental benefits. The construction of this project will further optimize the structural network of the East China power grid, ensure energy security, and play a positive role in promoting local energy conservation and carbon emission reduction. After being put into operation, the project will approximatively generate an annual tax revenue of over 100 million RMB.
Such a power station can replace a certain number of thermal power generator units, contributing to an annual savings in coal consumption of about 112,300 tons, leading to a reduction of emissions of carbon dioxide of about 224,600 tons, reducing air pollution and improving environmental quality.
Wang Zhiqiang, Pan’an County Party Secretary, said that in recent years, Pan'an has always kept in mind the earnest advice of General Secretary Xi Jinping in focusing on the importance of the concept of “crystal water and verdurous hills are like silver and gold” and implementing the strategy of “ecological enrichment of the county and the people.” (By Hu Zhenan, translated by Marco Lovisetto, edited by Mariam Ayad)