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March 8, 2014 |
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The China Light and Power group (CLP Group; Chinese 中華電力) sehk|0002 is the only company providing electricity to Kowloon and New Territories in Hong Kong. The CLP group is also one of the leading investor-operator in the Asia-Pacific electric power industry. CLP's businesses fall into two main areas:
CLP's power generation facilities in Hong Kong are owned by Castle Peak Power Company (CAPCO), a 40/60 partnership between CLP Power Hong Kong and ExxonMobil Energy. CLP Power Hong Kong operates the power stations and transmits electricity to its 2.1 million customers via its solely owned 11,645 km transmission/distribution network that includes 11,861 substations. CLP Power Hong Kong and CAPCO are governed by an SoC Agreement with the HKSAR Government. The current Agreement was signed in 1993 and runs through to 2008. It states that they must provide an adequate, reliable electricity supply and allow the HKSAR Government to monitor their local activities as a power company. In return, CLP Power Hong Kong can charge tariffs designed to recover its costs including taxation and a net return on investment. CLP's Non-SoC businesses include investments in the electricity sector in the mainland China|Chinese mainland and the Asia-Paciic region, as well as activities beyond the electricity business. These activities include: the redevelopment of CLP's properties in Hong Kong that are no longer in use for electricity purposes; the provision of engineering services and consultancy; telecommunication services as well as the research on sustainable development and emerging energy technologies. CLP Power Hong Kong Limited (CLP Power Hong Kong):
CLP Power Asia Limited (CLP Power Asia):
CLP Telecommunications Limited (CLP TeleCom)
CLP Properties Limited (CLP Property):
CLP Engineering Limited (CLP Engineering):
CLP Research Institute Limited (CLP Research Institute):
Hong Kong Nuclear Investment Company Limited (HKNIC)
Category:Companies of Hong Kong This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "China Light and Power".
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