Taking investment, construction and operation of power grids as its core businesses, State Grid Corporation of China (State Grid, or SGCC) supplies power to a population of over 1.1 billion, with its service area covering 88 percent of China’s territory. State Grid is the world's largest utility and ranked 2nd on the Fortune Global 500 in 2021. Carrying out business in 51 countries around the world, State Grid successfully invested in and operated 13 backbone energy network projects in 10 countries and regions. State Grid is accelerating the construction of a new power system in China and striving to be the pioneer, leader and promoter of clean energy and low-carbon transformation in order to better serve the country’s goal of peaking carbon dioxide emissions by 2030 and achieving carbon neutrality by 2060.

State Grid's overseas assets total RMB320 billion. All of its overseas projects have been operated safely and steadily, well serving and promoting local economic and social development.

2007.12

State Grid International Development Co., Ltd. (SGID) obtained a 25-year concession of the national transmission network of the Philippines.

2009.01

National Grid Corporation of the Philippines (NGCP), a joint venture between SGID and local partners took over the operation of the national transmission network of the Philippines in January 2009.

2010.12

State Grid Brazil Holding SA purchased seven Brazilian transmission concessionaires.

2012.05

SGID acquired 25 percent stake in Redes Energeticas Nacionais SA (REN).

2012.12

State Grid Brazil Holding SA purchased 100 percent stake of seven transmission concessionaires in Brazil from Spain's ACS.

2012.12-2013.04

SGID acquired 46.56 percent stake in Australian electricity transmission operator ElectraNet.

2014.01

SGID acquired 60 percent stake in SGSPAA and 19.9 percent stake in AusNet.

2014.01-2015.08

SGID acquired 21 percent stake in HKEI in Hong Kong, China.

2014.02

Together with Electrobras, SGID won the bid for Phase Ⅰ of the Belo Monte UHV DC Transmission Project in Brazil.

2014.11

SGID acquired 35 percent stake in CDP RETI in Italy.

2015.07

SGID independently won the bid for Phase II of the Belo Monte UHV DC Transmission Project in Brazil.

2017.01-2019.06

SGID acquired 83.71 percent stake in CPFL in Brazil.

2017.06

SGID acquired 24 percent stake in IPTO in Greece.

2017.12

SGID completed and put into operation Phase I of the Belo Monte UHV DC Transmission Project in Brazil with high quality in advance.

2019.10

SGID completed and put into operation Phase II of the Belo Monte UHV DC Transmission Project in Brazil with high quality in advance.

2020.03

SGID acquired 49 percent stake in OETC in Oman.

2020.06

SGID acquired 100 percent stake of Chilquinta Energía SA (Chilquinta) in Chile.

2021.07

SGID acquired 97.145 percent stake in CGE in Chile.

2021.09

SGID completed and put into operation the Matiari-Lahore HVDC Transmission Project in Pakistan with high quality in advance.

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Foreign envoys admire China's power grid innovation, seek cooperation

To date, State Grid Corporation of China (SGCC) has succeeded in investing in and operating 13 backbone energy network projects in 10 countries and regions, including the Philippines, Brazil, Portugal, Australia, Italy, Greece, Oman, Chile, Pakistan, and Hong Kong in China. These projects are all infrastructure projects vital to countries and regions where they are located, concerning local economic and social development and people's livelihood. They are key cooperation projects under the Belt and Road Initiative.

National Grid Corporation of the Philippines (NGCP)

The first time State Grid gained the right to run a national transmission grid outside China. For more than a decade, with the strong support of the State Grid, NGCP has successfully responded to the impact of natural disasters such as typhoons and earthquakes for many times, and seen great improvement in power grid performance. It has been awarded for good power grid operation performance assessment results by the Philippine Energy Regulatory Commission every year, making outstanding contributions to the economic and social development of the Philippines.

State Grid Brazil Holding S.A. and CPFL Energia S.A.

SGCC has invested in and operated State Grid Brazil Holding S.A. and CPFL Energia S.A. in Brazil, mainly engaging in power transmission and distribution, with power grid operation indicators ranking high locally. They fulfill corporate social responsibility, support the social and economic development of Brazil, and are winners of major awards at home and abroad. State Grid Brazil Holding is the investor and operator of the Belo Monte UHV DC Power Transmission Project Phase I and II, through which China's UHV technology was introduced to the world. Supported by SGCC, CPFL Energia celebrates greatly improved business performance, with a better electricity business environment in the service area and wide recognition of market investors.
Redes Energéticas Nacionais, SGPS, SA (REN)

SGCC has invested in and operated Redes Energéticas Nacionais, SGPS, SA (REN) in Portugal.The project enjoys stable performance, and the cooperation is deepening. REN is the only state-level energy transmission company in Portugal. SGCC and REN co-established an R&D center, which has become a smart power grid simulation laboratory well-known in Europe.

Investment and operation projects in Australia

SGCC is an investor and operator of SGSP (Australia) Assets Pty Ltd. (SGSPAA) and ElectraNet Pty Ltd., whose businesses cover power transmission and distribution as well as gas transmission and distribution.Since SGCC became a shareholder, the two companies have seen stable operation and steady expansion with operation indicators meet regulatory standards, and have kept improving energy service quality. The overall operation is in good condition.

CDP Reti S.p.A.

SGCC has invested in and operated CDP Reti S.p.A. in Italy. After the completion of the investment, China and Italy work closely to steadily improve the business performance of three listed subsidiaries of CDP Reti, namely TERNA, SNAM and ITALGAS, helping them achieve prominently better capital market performance than that of peer companies.

Independent Power Transmission Operator (IPTO)

SGCC has invested in and operated Independent Power Transmission Operator (IPTO), which is the only state-level power transmission network company in Greece. SGCC and IPTO signed a project cooperation agreement to further deepen China-Greece practical collaboration in the energy sector. Relevant project was awarded International Energy Cooperation Best Practice at the Belt and Road Energy Ministerial Conference.

Oman Electricity Transmission Company (OETC)

SGCC is an investor and operator of Oman Electricity Transmission Company (OETC), which is responsible for the construction, operation, maintenance, and dispatch of the national power transmission network of Oman. It is the first time for SGCC to invest in and operate a power enterprise in the Middle East, which is of great importance to improving the partnerships between China and the Arab states on energy and electricity.

Investment and operation projects in Chile

SGCC has invested in and operated Chilquinta Energia SA (Chilquinta) and Compania General de Electricidad S.A. (CGE), which mainly engage in power transmission and distribution. With the strong support of SGCC and the joint efforts of Chinese and Chilean management, both Chilquinta and CGE maintain stable and reliable power supply, effectively facilitating and serving the economic and social development in Chile.

Matiari-Lahore HVDC transmission project in Pakistan

SGCC has invested in and operated the Matiari-Lahore HVDC transmission project in Pakistan. As the only power grid project of energy cooperation under the China-Pakistan Economic Corridor, it has the best key performance indicators among similar international projects. Thanks to that, Pakistan has entered a new era featuring the hybrid AC/DC power grid. The project also significantly upgrades the country's energy and electricity infrastructure as well as its ability to serve social and economic development, injecting great vitality into the energy development under the China-Pakistan Economic Corridor.

HKEI Project in Hong Kong, China

SGCC has invested in and operated HK Electric Investments Limited (HKEI) in Hong Kong, China. HKEI is one of the two major power companies in Hong Kong. In terms of indicators such as work safety, power supply reliability and customer service, it keeps ranking among the top in the world. The company has been highly recognized by all sectors of society.

Smart Meter Project in Saudi Arabia

It is a major project implemented by Saudi Arabia to realize its Vision 2030 and an integral part of the country's efforts to build smart grid and smart cities. The project has installed 5 million smart meters independently developed and manufactured in China, which is the largest number of smart meters deployed in a single time in the world. It also marks the first major use of China’s power consumption data collection system in an overseas market.

Off-grid Solar Energy Project in Ethiopia

It is the first of its kind in East Africa. The smart off-grid photovoltaic system is adopted to convert Africa's abundant solar energy resources into electricity. The project promotes the utilization of local clean energy and helps improve local people's livelihood. As one of the first demonstration projects of the World Bank Lighting Africa program, it is of great significance and has a demonstration effect.

National Grid Upgrading Project in Egypt

It is the first contracted project of production capacity cooperation between China and Egypt, and the largest power transmission project in Egypt. The project solves the problem of "insufficient supply" in Egypt and comprehensively enhances the safety of the overall structure of the national power grid. It is of great significance to the economic and social development and the rational use of power energy in the country.

SGCC has been playing an active role on the international stage. It has organized high-level international energy conferences such as the International Conference on Renewable Energy Development and Technology in Germany, the Conference on Renewable Energy Technology in Portugal, and the Sub-forum on Transition of Power System at the third International Forum on Energy Transition in Suzhou, China. SGCC has signed renewable energy cooperation framework agreements with Electricite de France (EDF), the International Renewable Energy Agency (IRENA), Deutsche Energie-Agentur (DENA), Energinet.dk, and Redes Energeticas Nacionais SGPS SA (REN). It has conducted professional exchanges with internationally renowned energy enterprises such as Korea Electric Power Corporation (KEPCO).

State Grid Cloud Open Day: Wonderful Journey from China to South America

State Grid Participates in 2021 International Dialogue on Energy Transitions​
  • Supervised by: Office of the Leading Group for Promoting the Belt and Road Initiative    ｜
  • Guided by: National Development and Reform Commission, Xinhua News Agency    ｜
  • Hosted by: China Economic Information Service, State Information Center    ｜
  • Organized by: Xinhua Silk Road, Belt and Road State Information Big Data Technologies Co., Ltd.    ｜
  • Registration Number: 05052393-11