State Power Investment Corporation
Native name
|
国家电力投资集团 |
---|---|
State-owned enterprise | |
Industry | Power generation |
Founded | 2002 |
Headquarters | Beijing, People's Republic of China |
Area served
|
People's Republic of China |
Key people
|
General Manager: Mr. Lu Qizhou |
Subsidiaries | China Power International Development Limited China Power New Energy Development Company Limited China Hong Kong Power Development Company Limited Huanghe Hydropower Development Company Limited |
Website | eng |
State Power Investment Corporation (Chinese: 国家电力投资集团) is one of the five largest state-owned electricity producers in the People's Republic of China. It is administrated by the SASAC for the State Council of the People's Republic of China. It is engaged in development, investment, construction, operation, and management of power plants and power generation in twenty-seven Chinese provinces. It supplies approximately ten percent of the country's electricity. The company was formed in July 2015 by the merger of the China Power Investment Corporation (CPI) and State Nuclear Power Technology Corporation (SNPTC).[1]
Subsidiaries
- China Power International Development Limited (SEHK 2380), listed in Hong Kong is CPI Group's major subsidiary with many power stations in China. The company had total assets of 284.2 billion yuan ($41.55 billion) at the end of 2008 and is consolidating its regional assets.[2][3][4]
- China Power New Energy Development Company Limited (SEHK 0735) - a wind power company.
- China Hong Kong Power Development Company Limited - applied in July 2006 to lay power cables in Hong Kong. CPI Holdings had set up a 50% joint-venture company which planned to supply electricity to Hong Kong.
- Huanghe Hydropower Development Company Limited.
Overseas projects
The CPI in conjunction with the Burmese government is constructing the Myitsone Dam, a large dam that when completed by 2017 is estimated to produce 3,600 to 6,000 megawatts of electricity for the Yunnan province.[5]
References
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- ↑ CPI Overview
- ↑ CPI Business
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