Electricity Sector in The People's Republic of China - Companies

Companies

In terms of the investment amount of China's listed power companies, the top three regions are Guangdong province, Inner Mongolia Autonomous Region and Shanghai, whose investment ratios are 15.33%, 13.84% and 10.53% respectively, followed by Sichuan and Beijing.

China's listed power companies invest mostly in thermal power, hydropower and thermoelectricity, with their investments reaching CNY216.38 billion, CNY97.73 billion and CNY48.58 billion respectively in 2007. Investment in gas exploration and coal mining follow as the next prevalent investment occurrences.

Major players in China's electric power industry include:

The five majors, and their listed subsidiaries: The five majors are all SOEs directly administered by SASAC. Their listed subsidiaries are substantially independent, hence counted as IPPs, and are major power providers in their own right. Typically each of the big 5 has about 10% of national installed capacity, and their listed subsidiary an extra 4 or 5% on top of that.

  • China Datang Corporation
parent of Datang International Power Generation Company (SEHK: 991; SSE: 601991)
  • China Guodian Corporation ("Guodian")
parent of GD Power Development Company (SSE: 600795),
  • China Huadian Group
parent of Huadian Power International Co., Ltd.
  • China Huaneng Group
parent of Huaneng Power International (NYSE:HNP)
  • China Power Investment Corporation ("CPI")
parent of China Power International Development Limited ("CPID", 2380.HK)

Additionally two other SOEs also have listed IPP subsidiaries:

  • the coalmine owning Shenhua Group
parent of China Shenhua Energy Company (SEHK: 1088, SSE: 601088)
  • China Resources Group ("Huarun")
parent of China Resources Power Holdings Company Limited ("CRP", SEHK: 836)

Secondary companies:

  • Shenzhen Energy Co., Ltd.
  • Guangdong Yuedian Group Co., Ltd.
  • Anhui Province Energy Group Co., Ltd.
  • Hebei Jiantou Energy Investment Co., Ltd.
  • Guangdong Baolihua New Energy Stock Co., Ltd.
  • Shandong Luneng Taishan Cable Co., Ltd.
  • Guangzhou Development Industry (Holdings) Co., Ltd.
  • Chongqing Jiulong Electric Power Co., Ltd.
  • Chongqing Fuling Electric Power Industrial Co., Ltd.
  • Shenergy Company (SSE: 600642), Shanghai.
  • Shenergy Group, Shanghai.
  • Sichuan Chuantou Energy Stock Co., Ltd.
  • Naitou Securities Co., Ltd.
  • Panjiang Coal and Electric Power Group
  • Hunan Huayin Electric Power Co., Ltd.
  • Shanxi Top Energy Co., Ltd.
  • Inner Mongolia Mengdian Huaneng Thermal Power Co., Ltd.
  • SDIC Huajing Power Holdings Co., Ltd.
  • Sichuan MinJiang Hydropower Co., Ltd.
  • Yunnan Wenshan Electric Power Co., Ltd.
  • Guangxi Guidong Electric Power Co., Ltd.
  • Sichuan Xichang Electric Power Co., Ltd.
  • Sichuan Mingxing Electric Power Co., Ltd.
  • Sichuan Guangan Aaa Public Co., Ltd.
  • Sichuan Leshan Electric Power Co., Ltd.
  • Fujian MingDong Electric Power Co., Ltd.
  • Guizhou Qianyuan Power Co., Ltd.

Nuclear and hydro:

  • China Guangdong Nuclear Power Group
  • China Yangtze Power (listed)
  • Sinohydro Corporation an engineering company.
  • Guangdong Meiyan Hydropower Co., Ltd.

Grid operators include:

  • State Grid Corporation of China
  • China Southern Power Grid
  • Wenzhou CHINT Group Corporation ("Zhengtai")

Read more about this topic:  Electricity Sector In The People's Republic Of China

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