# Pinggao Electric wins 834M yuan State Grid equipment contracts

Henan Pinggao Electric and its subsidiaries won bids from State Grid Corporation of China for power transmission equipment, with total contract value of approximately 834 million yuan.

- Type: Contract
- Announced: 2024-09-05
- Where: China
- Value: $117.0M (834.0M CNY)
- Status: announced
- Products: combined electrical apparatus, circuit breakers, disconnect switches, arresters, switchgear, instrument transformers
- 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)
- [Shanghai Pinggao Tianling Switchgear](https://endata.com/companies/15205.md) (partner)
- [Tianjin Pinggao Intelligent Electric](https://endata.com/companies/15599.md) (partner)
- [Henan Pinggao General Electric](https://endata.com/companies/15600.md) (partner)
- [Pinggao Group Weihai High Voltage Electric](https://endata.com/companies/15601.md) (partner)
- [Pinggao Toshiba (Langfang) Arrester](https://endata.com/companies/15602.md) (partner)
- [Henan Pingzhi High Voltage Switchgear Co., Ltd.](https://endata.com/companies/15875.md) (partner)

## Sources

- [paper.cnstock.com](https://paper.cnstock.com/html/2024-09/05/content_1964280.htm), 2024-09-05: "河南平高电气股份有限公司及子公司为相关项目中标单位，中标金额合计约为8.34亿元"

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