Brief Introduction of Southern China Power Grid Co.，Ltd（CSG）
2 min readCSG is a state-owned super large company founded in December 2002 in compliance with the State Council’s power system reform strategy and program.Its service area covers Guangdong，Guangxi，Yunnan，Guizhou and Hainan Provinces.The main functions of the company are:operate and manage power network，ensure safe power supply，develop regional power network，administer regional power market，manage power dispatching and transaction center，and dispatch power based on market rules.
In 2003，the power sales of CSG reached 253.7 Wh，accomplishing 107.2%of the annual estimate，exceeding the previous year by 18.5%.Power transmitted in the “west-to-East”project reached 26.6TWh，accomplishing 102.8%of the annual estimate，exceeding the previous year by 31.5%.Power generated from peak ad justin power plants reached 11.9TWh，accomplishing 101.6%of the annual estimate.Primary business income reached 123.7 billion RMB，accomplishing 106.6%of the annua estimate，exceeding the previous 19.1%；total profit of 2.1 billion RMB；value-keeping/-adding rate of assets reached 101.5%；index of industrial enterprise labo productivity rate reached 1.84 million RMB per annual capita.The fixed-asset investment totaled 30.1 billion RMB，5 575km of transmission lines capacity.By the end of the year，the total assets of the company valued to 217.2 billion RMB，with a debts/assets ratio of 55.8%.
In 2003，power delivered from”West-to-East”totaled 26.6 TWh，exceeding the previous year by 31.5%，accomplishing 102.5%of the annual estimate.
The rapid economic growth of the five provinces in Southern China leads to the rapid increase of electric power demand.It is expected the five provinces will need 360 TWh and 520 TWh of the electricity by 2005 and 2010 respectively.The sustained rapid growth of the economy offers a broader development space for the company.
Equipped with the peculiar regional advantages and the complementary features of local resources，the company has put forward the clear strategic goal to constructCSG into a unified and modern enterprise that focuses on proficient operation and quality service.
