# Pinggao Electric wins $4.79B State Grid contracts

Pinggao Electric and its subsidiaries won bids from State Grid Corporation of China for transmission and substation equipment, totaling approximately CNY 479 million.

- Type: Contract
- Announced: 2022-03-29
- Where: China
- Value: $75.4M (479.0M CNY)
- Status: announced
- Products: transmission and substation equipment, cables, switchgear, arresters
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Henan Pinggao Electric](https://endata.com/companies/15597.md)
- [State Grid Corporation of China](https://endata.com/companies/4270.md) (customer)
- [Pinggao Toshiba (Langfang) Arrester](https://endata.com/companies/15602.md) (partner)
- [Henan Pingzhi High Voltage Switch Co., Ltd.](https://endata.com/companies/61941.md) (partner)
- [Shanghai Pinggao Tianling Switch Co., Ltd.](https://endata.com/companies/61942.md) (partner)

## Sources

- [epaper.cs.com.cn](https://epaper.cs.com.cn/zgzqb/html/2022-03/29/nw.D110000zgzqb_20220329_4-B005.htm), 2022-03-29: "河南平高电气股份有限公司（以下简称“公司”）及相关子公司、合营公司为相关项目中标单位，中标金额合计约为4.79亿元"

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