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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 ha. HistoryState Grid is one of the "core" central state-owned enterprises (SOE) overseen by SASAC. The company is a pioneer in. In 2008, State Grid general manager Liu Zhenya created State Grid International Development Company to oversee State Grid's foreign investments. In 2012, this subsidiary was placed directly under the State Grid.
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