# Pinggao Electric wins CNY 1.458 billion in State Grid tenders

Pinggao Electric and its subsidiaries have been selected as winning bidders for State Grid projects, including AC UHV and DC UHV equipment, with total awards of approximately CNY 1.458 billion.

- Type: Contract
- Announced: 2021-03-18
- Where: China
- Value: $225.0M (1.46B CNY)
- Status: announced
- Products: UHV equipment, transmission and distribution equipment
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [State Grid Corporation of China](https://endata.com/companies/4270.md) (customer)
- [Pinggao Electric](https://endata.com/companies/15879.md) (supplier)

## Sources

- [new.qq.com](https://new.qq.com/omn/20210318/20210318A08UV400.html), 2021-03-18: "平高电气：中标14.58亿元国家电网相关项目"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.