North China Grid Company Limited (NCGC) was wholly invested and established as a public-owned legal entity by the State Grid Corporation on November 8th, 2003 in Beijing according to the Company Law of the People's Republic of China. The Company was originated from North China Power (Group) Corp. and Shandong Power (Group) Corp., with a registered capital of RMB60 billion yuan. By the end of October 2004, the total assets and net assets reached RMB239.3 billion yuan and RMB86 billion yuan respectively.

The complete name of the Company: North China Grid Company Limited.
The abbreviation: NCGC.

NCGC consists of Beijing Electric Power Co. and Tianjin Electric Power Co. as two municipal branches, Hebei Electric Power Co., Shanxi Electric Power Co. and Shandong Power (Group) Corp. as three provincial subsidiaries, Qinhuangdao Power Generation Co., Ltd. and North China Electric Power Research Institute Co., Ltd. as two share-holding subsidiaries and other 23 directly-operated subsidiaries including Tianjin Dagang Power Plant, Shisanling Pumped Storage Power Plant and Panjiakou Pumped Storage Power Plant as three power generators, Tangshan Power Supply Co., Qinhuangdao Electric Power Co., Zhangjiakou Power Supply Co., Chengde Power Supply Co., Langfang Power Supply Co., Beijing EHV Power Transmission Co. and Datong EHV Power Transmission Co. as seven transmission & distribution subsidiaries, Beijing Electric Power Construction Co., Tianjin Electric Power Construction Co., Beijing Power Transmission and Transformation Co. and Beijing Power Equipment Group as four construction & manufacture subsidiaries and other nine subsidiaries, such as hospitals, schools and sanatoriums.

I. The Main Responsibilities
1. To implement national laws, regulations and industrial policies, carry out the development strategy of the State Grid under the national macro-control and industrial supervision and conduct its own business following laws and under the guidance of the market demand.
2. To operate and manage all the entity assets of NCGC, implement the investor’s rights to the share-holding companies and enjoy the holder’s rights and interests abiding by laws. To undertake the responsibilities towards the State Grid for preserving and increasing the assets value.
3. To work out and organize to implement the development strategy, annual, mid-term and long-term plan and major production decision of NCGC in accordance with the national economic development planning, national industrial policy, electric power development planning, the State Grid strategy and market demand. To take the responsibility of the development planning of North China Power Grid and submit the proposal for power industrial development in North China.
4. To be responsible for the operation and management of North China Power Grid. To participate in the investment, construction and operation of transmission & transformation projects as well as the power sources projects for peak and frequency regulation.
5. To implement the dispatching management of North China Power Grid. To organize, instruct and coordinate the safe, stable and economic operation of power grid under the principle of unified dispatching and hierarchical management.
6. To cultivate the North China power market, manage the North China Power Dispatching & Transaction Center and participate in the electricity trade with other power grids.
7. To optimize the production element allocation, organize the investment activities and take the responsibility of investment and return. To speed-up the technical renovation and scientific progress, enhance the market competitiveness and promote the sustainable, rapid and healthy development of NCGC.
8. To deepen the enterprise reform, accelerate the structural adjustment, transform the operation mechanism, reinforce the internal management and properly cope with the issues such as enterprise restructure, administrative reduction, redundant personnel reassignment and re-employment.
9. To instruct and strengthen the ideological & political work, spiritual civilization and enterprise culture process of NCGC and form the unified brand-name of the State Grid.
10. To undertake other works entrusted by the State Grid and relevant governmental organizations.

II. Business Scope:
1. To manage the assets owned by NCGC according to the laws.
2. To deal with the business of power transmission & distribution, power purchase & sales.
3. To be engaged in power generation approved by the State.
4. To manage North China Power Dispatching & Transaction Center, operate regional power market and participate in energy transaction between North China Power Grid and other regional power grids.
5. To manage power dispatching of North China Power Grid.
6. To participate in investment, construction and operation of transmission & transformation projects and power plants for peak and frequency regulation.
7. To do investment and financing and relevant financial business according to the rules formulated by the State and State Grid Corp. of China.
8. To be engaged in import & export, international cooperation, project contracting and labor service cooperation under the leadership of State Grid Corp. of China and the approval of the State.
9. To be engaged in telecommunication, information, environmental protection and other business related to electric power scientific research, technological development and consulting services on electric power.
10. To manage other businesses approved or permitted by the State.