What's the difference between State Power Investment Group and State Grid?

The differences between State Power Investment Group and State Grid are as follows:

1. Different functions: State Power Investment Group is the upstream business of State Grid, mainly responsible for power generation, and State Grid is mainly responsible for power transmission and sales.

2. Different business: State Power Investment Group Co., Ltd. is a comprehensive energy enterprise group with hydropower, thermal power, nuclear power and new energy assets. The core business of State Grid is to invest in power grid construction and operation.

3. Different composition: State Power Investment Group is formed by the merger of China Power Investment Group Corporation and State Nuclear Power Technology Co., Ltd. State Grid is a wholly state-owned company directly managed by the central government.

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