What does the State Grid do?

State Grid is a very large key state-owned enterprise related to the lifeline of national economy and national energy security. The core business of the company is to invest in the construction and operation of power grids and undertake the basic mission of ensuring safe, economical, clean and sustainable power supply.

The company's business area covers 26 provinces (autonomous regions and municipalities directly under the Central Government), covering more than 88% of the country's land area, and the power supply service population exceeds 1 1 billion. The company has a registered capital of 829.5 billion yuan and total assets of 3,808.83 billion yuan. The company operates assets steadily in the Philippines, Brazil, Portugal, Australia, Italy, Greece, China, Hongkong and other countries and regions.

Power grid is an efficient energy transmission channel and an optimal allocation platform. It is a key link in the sustainable development of energy and electricity, and plays an important pivotal role in the modern energy supply system, which is related to national energy security. Since 20 10, the size of the national power grid has nearly doubled, which has ensured the demand for energy and electricity for economic and social development.

Extended data:

Basic values of State Grid:

1. Mission: to promote re-electrification, build an energy internet, and meet the power demand in a clean and green way.

2. Company tenet: People's electric industry serves the people.

3. Company Vision: To be the leader of the global energy revolution and the forerunner of serving the national economy and people's livelihood.

4. Enterprise spirit: strive to surpass and pursue Excellence.

5. Corporate philosophy: people-oriented, loyal to the enterprise and contributing to the society.

6. Corporate core values: customer-centered, professional-focused and continuous improvement.

7. Enterprise orientation: Be a pioneer in electric power and build a bridge between the party and the masses.

8. Strategic goal: to build a world-class energy Internet enterprise with excellent competitiveness.

References:

Baidu encyclopedia-state grid co., ltd