CLP Group

CLP Group and its holding company, CLP Holdings Ltd, also known as China Light and Power Company, Limited (now CLP Power Hong Kong Ltd., ), is an electricity company in Hong Kong. Incorporated in 1901 as China Light & Power Company Syndicate, its core business remains the generation, transmission, and retailing of electricity.[3] It also has businesses in a number of Asian markets as well as EnergyAustralia in Australia. It is one of the two main electricity power generation companies in Hong Kong, the other being Hongkong Electric Company.

History

The company was founded in Hong Kong in 1901 as China Light & Power Company Syndicate by Shewan, Tomes & Co. and others.[4][5] In 1903, the company's first power station, with a generating capacity of 75 kW, was commissioned in Hung Hom at the junction of present-day Chatham Road and Princess Margaret Road.[6]

Power stations

CLP has a number of power stations in Asia. While most are either coal-fired or fossil fuel power stations, the company also generates electricity using nuclear, solar energy and wind power.

Hong Kong

Hong Kong sites include Black Point Power Station, Castle Peak Power Station,[16] and Penny's Bay Power Station.

Mainland China

CLP was the equity investors of two power stations in Guangdong province, Daya Bay Nuclear Power Plant and Guangzhou Pumped Storage Power Station in Conghua, Guangzhou.[18] It also operates a Guangxi province plant, Fangchenggang power station.[19]

India

CLP power stations in India include gas powered Gujarat Paguthan Energy Corporation's former station Paguthan Combined Cycle Power Plant and a coal-fired power station Mahatma Gandhi Super Thermal Power Project at Jhajjar, Haryana, that was commissioned in 2012.

The company also has a number of wind power sites in the country.[20] It has now signed up for its very first solar project - Veltoor at Telangana.[21]

Australia

EnergyAustralia is a wholly owned subsidiary of CLP and is one of Australia's largest integrated energy businesses. As of 2013, EnergyAustralia generates electricity from coal, gas and renewable energy sources, and retails electricity and gas, of 5,662MW to over 2.8 million residential and business users across Victoria, South Australia, New South Wales, the Australian Capital Territory and Queensland.

From 2005 until 2011, CLP Group held a 50% shareholding in Roaring 40s that operated wind farms in Australia, China, Hong Kong and India.[22][23][24]

Southeast Asia and Taiwan

CLP established its presence in Southeast Asia and Taiwan in the early 1990s.[18] Since then, they have built a portfolio of quality assets in the region.

Following the divestment of interest in EGCO[12] in Thailand in early 2011, their investments currently consist of the Ho-Ping coal-fired project in Taiwan and the Lopburi solar farm in Thailand. They are also co-developing two coal-fired projects in Vietnam.

isin	isin: HK0002007356
traded as	sehk: 2 Hang Seng Index component
industry	Public utility - Energy
founded	January 25, 1901 in Crown Colony of Hong Kong‡R1R‡
hq location	43 Shing Kai Road, Kai Tak
hq location city	Kowloon
hq location country	Hong Kong
area served	Hong Kong Australia India Mainland China Taiwan Southeast Asia
key people	Michael David Kadoorie (Chairman) Andrew Clifford Winawer Brandler (Vice Chairman) Chiang Tung Keung (Executive Director & CEO)
products	Electric service
num employees	8,074
num employees year	2021
owner	Kadoorie family (35%)‡R2R‡
website	CLP Hong Kong CLP Group

History

Index constituent

Electricity tariff

Markets outside Hong Kong