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New electric power project established in ITL Park

Updated: 2021-10-21

The signing ceremony between the management committee of the Xi'an International Trade and Logistics (ITL) Park and State Grid Shaanxi Electric Power Company Limited was held on Oct 20.

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The management committee of ITL Park and State Grid Shaanxi Electric Power Company sign an agreement on Oct 20. [Photo/ITL Park's WeChat public account]

This signified that the company's dispatching and communication production integrated base officially settled in the central business district of ITL Park's China-Europe freight train (Xi'an) assembly center.

With an investment of about 2.7 billion yuan ($422.25 million), the base will start construction in April 2022. It will include production management of power grid dispatching and monitoring, information communication, emergency command, operation monitoring, power trading, and other services, as well as supporting houses.

The base will help accelerate the intelligent upgrading of regional power systems, introduce high-level talent, promote economic and social development, and will help the two sides carry out stronger cooperation.

State Grid Shaanxi Electric Power Company is a holding subsidiary of the State Grid Corporation of China.

It is responsible for providing a safe and reliable power supply for Shaanxi's economic and social development and urban and rural customers, and plays an extremely important role in ensuring people's livelihood.