State Grid Chairman Liu Zhenya Held Talks With Georg Kell, Executive Director of United Nations Global Compact and Other United Nations Officials

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NEW YORK, June 24, 2015 /PRNewswire/ -- Chairman of State Grid, LIU Zhenya held talks with executive director of United Nations Global Compact, Georg Kell, representative from the office of the United Nations General, Wu Hongbo, and the French ambassador to the United Nations, Francois Delattre, and reached an important consensus on jointly promoting the development of a global energy interconnection yesterday.

During the talks, LIU Zhenya outlined the progress State Grid has been making in the development of ultra-high voltage (UHV) technology and projects, smart grid and international business, as well as his strategic vision of building a global energy interconnection. Liu highlighted that a global energy interconnection should be a strong and smart network that utilizes ultra-high voltage transmission lines to transport clean energy globally. Through such a network, we can effectively reduce pollution and tackle climate change related issues. Liu expressed his desire for United Nations' support and involvement in this global initiative that could greatly benefit people's wellbeing.

Kell and the others fully recognized the achievements of State Grid in areas such as UHV, and expressed deep appreciation for the conception of building a global energy interconnection. They believe a global energy interconnection could be a feasible solution to global climate change, which would benefit many generations to come. Building a global energy interconnection is in line with United Nations' mission – maintaining international peace and development. They also expressed their appreciation for the sense of responsibility demonstrated by State Grid and Liu.

Established in July 2000, The UN Global Compact works with businesses to transform the world, aiming to create a sustainable and inclusive global economy that delivers lasting benefits to all people, communities and markets. It currently has members from 145 countries. State Grid joined the UN Global Compact in August, 2006, and became a member of the Chairman's board of the Global Compact Network China.

About State Grid Corporation of China

State Grid Corporation of China (SGCC) was established as a state-owned enterprise on December 29, 2002. It has been rated as an A-class enterprise by SASAC evaluation on operation performances for 9 consecutive years. As the largest utility in the world, SGCC ranked 7th on Fortune Global 500 for 3 consecutive years.

SGCC constructs and operates power grids as its core business, to provide safer, cleaner, and more economic and sustainable power supply. As a super-large state-owned enterprise crucial to national energy security and economic lifeline, SGCC operates as a group with 200 billion yuan registered capital, serves 1.1 billion people in 26 provinces, autonomous regions and municipalities, covering 88% of the national territory. SGCC also operates overseas business in the Philippines, Brazil, Portugal and Australia, etc with good performance.

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SOURCE State Grid Corporation of China (SGCC)