China's State Grid makes connection in Brazil
State Grid Corp pamphlets are displayed at the company's branch office in Nantong, Jiangsu province. The electricity distributor has recently been acquiring overseas assets. Earlier this year, State Grid paid 387 million euros ($485 million) for a 25 percent stake in the national electricity grid of Portugal. Xu Congjin / for China Daily |
Power company to buy transmission assets as part of overseas strategy
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