State Grid Corporation of China

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The State Grid Corporation of China (SGCC), commonly known as the State Grid, is a Chinese state-owned electric utility corporation. It is the largest utility company in the world. As of March 2024, State Grid is the world's third largest company overall by revenue, behind Walmart and Amazon, and is also the largest government-owned company by revenue. In 2023 it was reported as having 1.3 million employees, 1.1 billion customers and revenue equivalent to US$546 billion. In 2025, State Grid ranked 1st on World Brand Lab's "China's 500 Most Influential Brands" list with a brand value of 715.258 billion yuan. It is overseen by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC). After the electricity Plant-Grid Separation reform in early 2002, the assets of State Electric Power Corporation (国家电力公司) were divided into five power generation groups that retained the power plants and five regional subsidiaries belonging to the State Grid Corporation of...

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