State Grid and China Southern Power Grid signed a framework covering supply security, major projects, markets, and innovation.

State Grid and China Southern Power Grid signed the Strategic Cooperation Framework Agreement on Implementing the 15th Five-Year Plan and Accelerating New Power-Grid Construction (《落实“十五五”规划 加快新型电网建设战略合作框架协议》). The agreement followed an August 18 meeting between the two grid operators.

The framework covers joint work on electricity-supply security and development of a new power system (新型电力系统). It also includes major power projects and broader construction of a new power grid (新型电网).

The companies additionally agreed to advance development of the national unified electricity market (全国统一电力市场) and energy-and-power technology innovation. The source describes a cooperation framework and does not disclose project-level investment, construction capacity, schedules, procurement awards, or binding power-delivery commitments.