China's state power monopoly was formally broken up in December, two months after the State Council approved the dismantling of the State Power Corp into five generating and two transmission firms. The five independent generators are Huaneng Group, Datang Group, Shandong International Power Group, Guodian Power Group and China Power International. The Southern Power Grid Co will operate grids in five southern provinces, including Guangdong, while State Power Grid Corp will manage networks in all other areas. In addition, four power construction and service firms were created, said Xinhua. The news agency said the reform would promote competition and bring order to the power sector.
The China Electricity Regulatory Commission, the new watchdog body, will take over seven departments and 11 important responsibilities currently handled by different government bodies, said Wen Wei Po.