The State Grid Corporation of China (SGCC), commonly referred to as State Grid, is a Chinese government-owned electric utility corporation and currently holds the title of the largest utility company globally. In 2022, State Grid ranks as the third-largest company worldwide by revenue, following Walmart and Saudi Aramco.
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State Grid Corporation of China electricity business utility bill
Following the electricity Plant-Grid Separation reform in early 2002, the assets of the State Electric Power Corporation were divided. This division resulted in the creation of five power generation groups, which retained control over the power plants, and five regional subsidiaries that became part of the State Grid Corporation of China based in Beijing.
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