China Power Investment Corporation

China Power Investment Corporation
China Power Investment Corporation
中国电力投资集团公司
Type 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
Website eng.cpicorp.com.cn

China Power Investment Corporation (CPI Group, Chinese: 中电投) is one of the five largest state-owned power producers in the People's Republic of China, administrated by 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 27 provinces in China. It supplies approximately 10% of China's electricity.

Contents

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.[1][2][3]
  • 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.

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.[4]

References

  1. ^ Li Weitao (2009-03-07). "China Power Investment Corp plans to list all its assets". chinadaily.com.cn. http://www.chinadaily.com.cn/bizchina/2009npc/2009-03/07/content_7550650.htm. Retrieved 15 February 2010. 
  2. ^ CPI Overview
  3. ^ CPI Business
  4. ^ Libre, Ryan (02-01-2010). "Proposed dam to flood Burma, while powering China". Minn Post. Myitkyina, Burma: MinnPost.com. http://www.minnpost.com/globalpost/2010/02/01/15488/proposed_dam_to_flood_burma_while_powering_china. Retrieved 2 February 2010. 

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