Rank: 7
Previous rank: 7
CEO: Liu Zhenya
Employees: 849,594
Previous rank: 7
CEO: Liu Zhenya
Employees: 849,594
The government-owned State Grid Corporation remains
China’s largest power distributor, supplying power to nearly 80% of the
country’s territory. But despite dominating its home country, State Grid
has global aspirations. This May, it announced a double-barrel deal
with Singapore Power -- reportedly worth around $3 billion -- that will
make it one of the largest power distributors in Australia. The deal is
the latest in State Grid’s overseas investments conducted in recent
years, including those in Brazil, Philippines, and Portugal.
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