# Pinggao Electric wins $876M in State Grid procurement bids

Pinggao Electric, its subsidiaries and joint ventures won bids from State Grid Corporation of China for various equipment procurement projects, with a total winning amount of approximately 876 million yuan.

- Type: Contract
- Announced: 2023-07-31
- Where: China
- Status: completed
- Products: transmission and distribution equipment
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

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

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/968326.html), 2023-07-31: "The company and its subsidiaries and joint ventures are the winning bidders for related projects, with a total winning amount of approximately 876 million yuan."

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