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5. China's State Grid Corp: 1,533,800
State Grid Corporation of China was founded on December 29, 2002 as a pilot state-owned corporation by the State Council. SGCC's core business is to build and operate power grids and provide power supply.
The company has registered capital of RMB 200 billion yuan and service area covering 26 provinces.
By the end of 2005, SGCC accumulated a total asset of RMB 1176.7 billion Yuan with a debt-asset ratio of 61.96 per cent, and possessed 195,899 km of 220KV and above transmission lines with a transforming capacity up to 616.64 GVA. SGCC serves 128 million customers.
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