Completion of Three Gorges Project in 2005

2006-01-13 00:00:00

      In 2005, the progress, quality and benefits of the Three Gorges Project achieved gratifying results. 1.6944 million cubic meters of concrete were poured for the main works of the Three Gorges Project, and 21000 tons of metal structures were installed. The dam of the main works on the left bank is as high as 160 meters, exceeding the annual planned elevation of 158 meters; all the units of the power station on the left bank are put into operation for power generation. The quality of the Three Gorges Project has been steadily improved, with 4711 project evaluation units, the qualified rate of 100% and the excellent rate of 91.91%. The completed investment is 11.819 billion yuan, of which 6.13 billion yuan has been invested in the key project and 5.689 billion yuan has been compensated for reservoir inundation treatment. The Three Gorges Project has received 12.277 billion yuan, including 10.045 billion yuan from the Three Gorges Fund. < BR > < BR > < FONT face = Verdana > In 2005, the Three Gorges Left Bank Power Station generated 49.1 billion kWh and the Gezhouba Power Station generated 16.250 billion kWh. The Three Gorges-Gezhouba cascade hydropower stations generated a total of 65.34 billion kilowatt-hours of electricity, exceeding the annual power generation target. As of December 31, the Three Gorges Left Bank Power Station has accumulated 772 days of safe production, and the Gezhouba Dam has accumulated 1009 days of safe production.

< P > < FONT face = Verdana > In 2005, the Three Gorges Shiplock realized safe navigation for 364 days (navigation was suspended because the flow was cut off for one day and exceeded the standard), with a total of 8,373 locks operating annually, 63,800 ships passing through, 32.69 million tons of cargo and 1.875 million passengers.

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More vigilance is that capacity replenishment is essentially a reinvestment behavior, for cement enterprises, as soon as possible to recover investment costs is the core demand, which means that the probability of enterprises will significantly increase capacity utilization next year. For enterprises with no overproduction space and no capacity to supplement, they can only produce in strict accordance with the approved capacity. It is difficult to reconcile the uneven and "unfair" contradictions at the operational level, which will further aggravate the instability of the cement market next year. It can be predicted that after this round of supplementary production, a new round of market competition in the cement industry will begin.