State Grid of China Aiming to Build an Electricity Empire With Australia as Target

State Grid Corp. of China is seen as a top contender bidding for Ausgrid and envisage sending electricity via a global network. Its geographic footprint extends from South America to Australia and with strong ambitions of growing outside China, the company plans to develop a $50 trillion global energy network that could enable electricity to be transmitted beyond continental boundaries. The Beijing-based company, which is wholly owned by the government of China, can help upgrade electricity grids and other infrastructure, and bring new power-transmission technology to the countries it’s targeting.

Read Full News At:


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s