Post by boots on Aug 21, 2016 22:50:39 GMT
The plan for the electricity multinational corporation of China...State Grid...Was recently blocked from bidding on a major share in the N.S.W state government controlled TransGrid, by varies national security agencies, no specific reason was given, however recent reports have emerged as to what is going on.
www.aspistrategist.org.au/state-grid-and-australias-national-security-interests/
The State Grid Corporation of China (国家电网公司), the world’s largest electric utility company, is the monopoly power distributor across China in all but five southern provinces and a behemoth with an extensive network of subsidiary companies and subordinate research institutes. Through this network State Grid has ties to a wide range of defence and intelligence agencies across the PRC.
State Grid recently unsuccessfully bid for the $9 billion NSW electricity transmission network TransGrid in a consortium with Macquarie Infrastructure Real Assets. The company’s bid was cleared by the Foreign Investment Review Board
In Australia, State Grid is the largest shareholder in the non-listed ElectraNet which operates the South Australian electricity transmission network and is seeking to expand its stake. There are four State Grid representatives on the ElectraNet board, Jiang Xiaojun (蔣曉軍), Li Lequan (李樂泉), Sun Jianxing, and Shi Xinghua. Mr Jiang, who is Senior-Vice President of State Grid International Development (SGID) is also on the board of State Grid Europe, which has been raising funds for European expansion, and the board of Hong Kong Electric Investment. He is also a member of the company’s CPC committee.
State Grid has minority shareholdings in gas and electricity distributors in Victoria and NSW. In 2013, Singapore Power sold almost 20 percent of listed SP AusNet and 60 per cent of the shares in the unlisted SPI (Australia) Assets (branded as Jemena) to State Grid Corp. Thereby State Grid is now part-owner of Victorian electricity transmission and distribution networks, as well as Victorian, NSW and ACT gas distribution networks and transmission pipelines. The deal was valued at about $5 billion and saw Sun Jianxing assume a directorship at Ausnet and Ruan Qiantu （阮前途）be appointed as Deputy Managing Director of Jemena. Mr Ruan was previously involved in State Grid’s Philippines operations and holds a wide range of posts in Shanghai.
State Grid recently unsuccessfully bid for the $9 billion NSW electricity transmission network TransGrid in a consortium with Macquarie Infrastructure Real Assets. The company’s bid was cleared by the Foreign Investment Review Board
In Australia, State Grid is the largest shareholder in the non-listed ElectraNet which operates the South Australian electricity transmission network and is seeking to expand its stake. There are four State Grid representatives on the ElectraNet board, Jiang Xiaojun (蔣曉軍), Li Lequan (李樂泉), Sun Jianxing, and Shi Xinghua. Mr Jiang, who is Senior-Vice President of State Grid International Development (SGID) is also on the board of State Grid Europe, which has been raising funds for European expansion, and the board of Hong Kong Electric Investment. He is also a member of the company’s CPC committee.
State Grid has minority shareholdings in gas and electricity distributors in Victoria and NSW. In 2013, Singapore Power sold almost 20 percent of listed SP AusNet and 60 per cent of the shares in the unlisted SPI (Australia) Assets (branded as Jemena) to State Grid Corp. Thereby State Grid is now part-owner of Victorian electricity transmission and distribution networks, as well as Victorian, NSW and ACT gas distribution networks and transmission pipelines. The deal was valued at about $5 billion and saw Sun Jianxing assume a directorship at Ausnet and Ruan Qiantu （阮前途）be appointed as Deputy Managing Director of Jemena. Mr Ruan was previously involved in State Grid’s Philippines operations and holds a wide range of posts in Shanghai.
State Grid’s networks carry the People’s Liberation Army’s communications. In 2012, 10 members of the Information Security Bureau of the Department of Information Technology under the PLA‘s General Staff Headquarters visited State Grid headquarters to investigate the security of their networks and their information systems and the development of classified security protection regimes.
State Grid is an influential element in the development of Chinese foreign and strategic policy. In July this year, an article by Hui Chunlin (惠春琳), a lecturer at the Institute for International Strategic Studies of the CPC Central Party School, was published on the indaa website, run by State Grid-sponsored Yingda Media Group (英大传媒集团).
In the article Hui urged China, under the One Belt One Road (OBOR) initiative, to expand China’s provision of electricity generation and transmission facilities to the OBOR countries in order to create a China (State Grid)-dominated “system of inter-connected and inter-operable” energy channels. This would also include a network of ports, highways, railways and energy pipelines. According to Hui the PLA Navy would be used to “guarantee the security of the energy channels”. These are precisely the sort of strategic investments which AIIB was created to fund and to which China has managed to induce other countries to contribute.
State Grid is an influential element in the development of Chinese foreign and strategic policy. In July this year, an article by Hui Chunlin (惠春琳), a lecturer at the Institute for International Strategic Studies of the CPC Central Party School, was published on the indaa website, run by State Grid-sponsored Yingda Media Group (英大传媒集团).
In the article Hui urged China, under the One Belt One Road (OBOR) initiative, to expand China’s provision of electricity generation and transmission facilities to the OBOR countries in order to create a China (State Grid)-dominated “system of inter-connected and inter-operable” energy channels. This would also include a network of ports, highways, railways and energy pipelines. According to Hui the PLA Navy would be used to “guarantee the security of the energy channels”. These are precisely the sort of strategic investments which AIIB was created to fund and to which China has managed to induce other countries to contribute.
www.aspistrategist.org.au/state-grid-and-australias-national-security-interests/
