China Southern Power Grid constructs and operates power grids in five southern provinces … namely Guangdong, Guangxi, Yunnan, Guizhou and Hainan … with a total service area spanning 1 million km² and serving more than 252 million people.
In Year 2019, CSG sold 1051.8 TWh of electricity, generating revenue of $81.2 billion USD, with total assets reaching $133.2 billion USD.
At present, CSG ranks 105th on the Fortune Global 500 list. Standard & Poor’s, Moody’s and Fitch have all honored China Southern Power Grid with their highest sovereign ratings.
Offering long distance, extra-high voltage and hybrid AC/DC operation, CSG operates one of the most sophisticated and technically-advanced power grids in the world.
With its grid spanning 2,000 kilometers from West to East and a total installed capacity of 320 GW, China Southern Power Grid has instituted “8 AC and 10 DC” - totaling 18 channels in the West-to-East Power Transmission Project with a maximum transmission capacity of 50 GW.
In keeping with the “Belt and Road Initiative”, China Southern Power Grid has been working closely with the Greater Mekong Subregion countries as well as Hong Kong and Macao.
Electricity transmission to Macao through CSG accounted for approximately 88% of its total during Year 2019 and by the end of that year, China Southern Power Grid had transmitted a total electricity output of 37.52 TWh to Vietnam, 1.055 TWh to Laos, 18.51 TWh to Myanmar, and 0.818 TWh to Myanmar.