National Grid Opens "Exchange" Mode

National Grid Opens "Exchange" Mode
The anti-corruption incident of the State Grid has become a hot topic in recent industry discussions. Since the Audit Office has been assigned to the State Grid for auditing, all commentators seem to have smelled the anti-corruption atmosphere of the State Grid. After CNPC cracked down on anti-corruption, the power industry is fighting the biggest anti-corruption storm ever.
On May 7, Zhu Changlin, director of the North China Branch of the State Grid Corporation and party secretary, was taken away for investigation. This is the first "big tiger" that was exposed after the National Audit Office was stationed in the State Grid. The first "electric tiger" exposure has caused everyone's concern. Is it right that this national grid was supposed to start the "exchange-for-exchange" mode at the same time as this audit was opened?
Many local "electric tigers" were investigated
As early as before Zhu Changlin’s investigation, several local “electric tigers” were investigated.
On February 9, 2014, the Guangdong Provincial Commission for Discipline Inspection informed that Wu Zhouchun, the former general manager of Guangdong Power Grid Corporation, was under investigation for suspected violations of discipline.
The website of the Central Commission for Discipline Inspection's Supervision Department released on April 21 that the head of the Yinchuan Electric Power Supply Bureau of Ningxia Electric Power Corporation, Ma Linguo (Deputy Department), was suspected of serious violations of the law and is currently being investigated by the organization.
There are also many anti-corruption actions at the coal level that are related to the power system. On April 17, 2014, Song Lin, Chairman of China Resources Group, was investigated and suspected of committing serious violation of laws and regulations. The problems involved by Song Lin are related to coal in Shanxi. In addition, in April this year, Wei Pengyuan, Deputy Director of the Coal Division of the National Energy Administration, was also investigated.
National Grid Opens "Exchange" Mode
It is worth noting that, as long as Zhu Changlin was investigated, the National Audit Office has arranged for the relevant personnel to station on the State Grid. Starting from April 17, the National Audit Office dispatched hundreds of people from five special offices to the State Grid Corporation of China and was conducting the economic responsibility audit of the chairman Liu Zhenya. This is a supervised audit of the main leading cadres of state-owned enterprises.
According to an insider of the SASAC, due to the long-term monopoly of power companies, there are indeed many problems.
It is understood that from the end of 2013, the National Audit Office began a comprehensive special audit on the power system. One of the earliest enterprises to enter the company was Datang Power Generation. Subsequently, it successively entered Huaneng Group, Huadian Group, China Power Investment Group, Guodian Group, China Resources Group, China Southern Power Grid, and State Grid. There are five major power generation group insiders said that this audit is very harsh, and, the more the last, the more severe the audit of the company, the State Grid is currently being investigated actually more than Zhu Changlin, Zhu was only the first to be exposed.
From the perspective of all parties, we can see that the State Grid has been exposed in succession in subsequent audits, and that the senior level of the national grid will usher in a major change. The “exchange-exchange” model of the State Grid Corporation of China is already open.
Which "electric tiger" will fall?
Since the Audit Commission began auditing Liu Zhenya's ten years as the top-ranking member of the State Grid, Liu Zhenya seems to be once again pushed to the top of the storm. Will Liu Zhenya succeed in this audit? Some experts in the power industry predict that “if there is a problem, it is mostly a question of whether the UHV is a major decision-making mistake.” But what will happen is that it will wait for the audit result of the audit office to be issued.
What kind of problems will be audited by the State Grid, and what leaders will fail? These questions are all of our doubts. Regardless of whether they can catch large tigers, they can play an effective role in the power system. This role can not be underestimated.

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