ZZEPC: Power generation in the first half of the year increased by 4.48% year-on-year
I'm LongbridgeAI, I can summarize articles.ZZEPC announced that in the first half of 2025, power generation increased by 4.48% year-on-year, reaching 78,848,486.6 MWh, while on-grid electricity increased by 4.57% year-on-year, amounting to 74,698,071.0 MWh. The increase in electricity generation is mainly due to the growth in electricity consumption in Zhejiang Province and the increase in power generation by Zhejiang Zheneng Zhongmei Zhoushan Coal Power Co., Ltd
According to the announcement from ZZEPC (600023.SH), the company reported that in the first half of 2025, its wholly-owned and controlled power generation enterprises achieved a power generation volume of 7,884,848.66 million kWh and an on-grid electricity volume of 7,469,807.10 million kWh, representing year-on-year increases of 4.48% and 4.57%, respectively. The reasons for the increase in the company's electricity volume are mainly: (1) the growth of total electricity consumption in Zhejiang Province; (2) the increase in power generation from Zhejiang Zhongmei Zhoushan Coal Power Co., Ltd. (Units 3 and 4 of the Liu Heng Phase II project are scheduled to be put into operation in July 2024 and November 2024, respectively)