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Caixin

China's power revamp rebooted as State Grid resumes spinoff plan

Stalled reform drive spurred by green energy shift and customer complaints

State Grid was involved in the construction of 26 out of 30 UHV lines now operating in China.    © AP

China's long-stalled power industry overhaul is regaining steam as the country's largest state-owned grid operator resumes efforts to downsize its mammoth business after nearly a decade of resistance that blocked further restructuring industrywide.

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