Recently, the global energy leader in electricity and communication cables Prysmian signed a contract about EHV transmission links with Anhui Xiangshui Stream Pumped Storage Co., Ltd(subsidiary of China State Grid Corporation). Prysmian will provide 500 kV underground cable system, this project will be completed in January 2011 and became Secretary for Prysmian Technology Development in China's domestic market, an important step.
In addition, in order to further consolidate and strengthen China's growth in EHV cable systems in the advantages of Prysmian plans to invest 20 million euros in the Baoying factory, used to increase production capacity. The new plant will build a tower of legislation, through the vertical continuous vulcanization process production line of cross-linked cable. Baoying plant has been completed in 2008 nearly 10 million euros for expansion plant project, with the end of the second phase, Baoying plant will become one of the most advanced cable manufacturers.
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