Top 10 Transmission & Distribution Companies in the World in 2021 by No. of Upcoming Projects
PT PLN (Persero), Comision Federal de Electricidad, Federal Grid Company of Unified Energy System PJSC, Turkiye Elektrik Iletim AS, and National Grid Corporation of the Philippines are the major 5 transmission & distribution companies in the world in 2021 by a number of upcoming projects. Cumulatively, the major 10 transmission & distribution companies in the world, had a number of upcoming projects of 11,259, with the highest projects being registered by PT PLN (Persero) (3,952 projects), followed by Comision Federal de Electricidad (1,400 projects), and Federal Grid Company of Unified Energy System PJSC (1,252 projects). 8 out of 10 of the companies generated revenue of $59,508 million, where the highest revenue growth being registered by Elia Group SA (19.8%), followed by Terna SpA (10.6%), and Red Electrica Corporacion SA (2%), while Federal Grid Company of Unified Energy System PJSC had a revenue decrease of 14.9%. In terms of the geographical split, 4 out of the top 10 of the world’s major transmission & distribution companies by a number of upcoming projects are based in Europe, while 3 are based in Asia, and the remaining are based in Angola and Kenya. 5 out of the top 10 companies employed a total of 86,653 people in 2021. Indonesia-based PT PLN (Persero) is the leading transmission & distribution company in the world (by no. of upcoming projects). The company reported revenues of $24,438 million for the fiscal year ended December 2021 (FY2021), the revenue increase was driven by operational efficiency measures taken by the company. The company is a state-owned electric utility. It has a presence in the energy value chain, from power generation and construction of power plants to transmission, distribution, and retail sales of electricity. The company owns and operates hydro, geothermal, steam-turbine, combined cycle, gas-turbine, diesel, and other power plants; and procures energy from independent power producers. The company is headquartered in Kebayoran Baru, Jakarta, Indonesia, and employs 54,129 people in FY2021. It has 22 subsidiaries across the world. Mexico-based Comision Federal de Electricidad (CFE) is one of the leading transmission & distribution companies in the world (by no. of upcoming projects). The company reported revenues of $23,413 million for the fiscal year (FY2021). The company is a power utility company that carries out the generation, transmission, distribution, supply, and commercialization of electricity. The company generates electricity through various renewable energy sources including thermal, hydro, coal-fired, wind, solar, geothermal, and nuclear power plants. It also offers civil engineering, construction, and investment services. It is headquartered in Federal District, Mexico.