State Grid Corporation of China

Also known as SGCC, State Grid

state-owned electric utility monopoly of China

Key facts

Trade name: SGCC State Grid
Native name: 国家电网有限公司
Company type: State-owned enterprise
Industry: Electric utility
Founded: 2002 ; 24 years ago ( 2002 )
Headquarters: Xicheng District, Beijing , China
Area served: China, Philippines (through National Grid Corporation of the Philippines ), Australia, Brazil, Italy , Portugal , Greece, Chile
Key people: Xin Bao'an (Chairman) Huang Dean (Chief Compliance Officer) Zhang Zhigang (President) Pan Jingdong (Executive Vice President) Zhu Min (Executive Vice President)
Products: Electrical grid , Electric power transmission
Services: Nuclear power transmission
Revenue: US$ 545.95 billion (2023)

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Article

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).