State Grid Corporation of China (SGCC)
Company description
State Grid Corporation of China (SGCC) was established on December 29, 2002. SGCC constructs and operates power grids as its core business. As a super-large state-owned enterprise crucial to national energy security and economic lifeline, with a mission to provide safer, cleaner, and more economical and sustainable power supply. SGCC operates as a group with RMB 536.3 billion (USD 75.5 Billion) registered capital and 1.72 million employees. SGCC provides power to over 1.1 billion people in 26 provinces, autonomous regions and municipalities, covering 88% of the national territory. The company also owns and operates overseas assets in the Philippines, Brazil, Portugal, Australia and Italy, etc. with good performance.
Company details
Participation in projects
Projects as Project Owners per Country ()
Projects as Project Owners per Subsector ()
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The company has not participated in any projects.
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Company updates
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November 29, 2023
China State Grid commissions 1.2 GW pumped hydro project
State Grid Corporation has commissioned a 1.2 GW Fukang pumped-storage power station in the northwest Xinjiang region, China. The facility incorporates three 300 MW turbines with a cumulative ca...
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January 19, 2022
State Grid of China commissions 3.6 GW pumped storage hydropower station in Fengning County
The State Grid Corporation of China has begun operations at the Fengning complex, a 3.6 GW pumped storage hydropower plant in China’s Hebei province. With a CNY19.2 billion (US$3.02 billion) in...
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March 26, 2020
Acquisition of Oman Electricity Transmission Company
State Grid Corporation of China (SGCC) has completed the 49% equity acquisition of Oman Electricity Transmission Company (OETC) together with seller Nama Group. Oman Electricity Transmission Company o...
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December 15, 2019
China’s State Grid enters agreement with Oman Electricity Transmission Co for stake acquisition
Oman’s Nama Holding, the holding company of state-owned electricity network companies, has entered into an agreement with the State Grid International Development Ltd. (SGID), a wholly-owne...
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October 01, 2019
CPFL Energia closes acquisition of shares in CPFL Energias Renovaveis
Brazilian energy company CPFL Energia has completed the acquisition of the shares in CPFL Energias Renovaveis from a local unit of State Grid Corporation of China. The deal represents a tot...
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March 14, 2019
Pakistan’s first HVDC transmission line on financial close
Pakistan has announced the financial close of its first-ever High Voltage Direct Current (HVDC) 878 km Matiari-Lahore transmission line project. The project, which falls under the portfolio of the Chi...
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August 30, 2018
Belgian TSO issues EUR1 billion bonds to finance acquisition of stake in German TSO
Elia System Operator, a transmission system operator (TSO) in Belgium, has announced the successful launch of a EUR300 million (US$350.6 million) 10-year senior bond and EUR700 mil...
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December 19, 2017
US$2.66 billion transmission projects auctioned in Brazil
Brazil's Ministry of Mines and Energy has announced that the winning projects in the power transmission line auction that took place on Friday 15 December represent BRL8.75 billion (US$2.66 b...
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December 15, 2017
Largest transmission line goes into operation two months in advance
The first Latin America ±800 kV UHVDC (Ultrahigh-Voltage Direct Current) Electricity Transmission Line came into operation on December, 12th 2017 which drains energy generated by the Belo...
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November 07, 2016
China’s State Grid submits winning bid for 24% stake in ADMIE
Greece’s power utility PPC has announced that China’s State Grid Corporation has submitted the winning bid for a 24% stake in ADMIE (Independent Power Transmission Operator S.A.), with a US$356-millio...
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