Core Viewpoint - Zhejiang Energy Power (600023) reported an increase in electricity generation and sales for the first three quarters of 2025, driven by rising electricity demand in Zhejiang province and new power generation units coming online [1] Group 1: Electricity Generation and Sales - The company completed a total electricity generation of 135.234 billion kWh and grid electricity sales of 128.153 billion kWh for the first three quarters of 2025, representing year-on-year growth of 4.68% and 4.8% respectively [1] Group 2: Factors Contributing to Growth - The increase in electricity generation is attributed to several factors: 1. Growth in overall electricity consumption in Zhejiang province 2. The commissioning of units 3 and 4 of the Six Horizontal Phase II project, expected to come online in July and November 2024, respectively, leading to increased generation from Zhejiang Zhongmei Zhoushan Coal Power Co., Ltd. 3. The commissioning of unit 9 of the Jia Electric Phase IV project, expected to come online in June 2025, contributing to increased generation from Zhejiang Zheneng Jiahua Power Co., Ltd. [1]
浙能电力:前三季度完成上网电量同比增长4.8%