China Power Investment Corporation
Encyclopedia
China Power Investment Corporation (CPI Group) is one of the five largest state-owned power
Electric power
Electric power is the rate at which electric energy is transferred by an electric circuit. The SI unit of power is the watt.-Circuits:Electric power, like mechanical power, is represented by the letter P in electrical equations...

 producers in the People's Republic of China
People's Republic of China
China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...

, administrated by SASAC for the State Council of the People's Republic of China
State Council of the People's Republic of China
The State Council of the People's Republic of China , which is largely synonymous with the Central People's Government after 1954, is the chief administrative authority of the People's Republic of China. It is chaired by the Premier and includes the heads of each governmental department and agency...

. It is engaged in development
Energy development
Energy development is the effort to provide sufficient primary energy sources and secondary energy forms for supply, cost, impact on air pollution and water pollution, mitigation of climate change with renewable energy....

, investment
Investment
Investment has different meanings in finance and economics. Finance investment is putting money into something with the expectation of gain, that upon thorough analysis, has a high degree of security for the principal amount, as well as security of return, within an expected period of time...

, construction
Construction
In the fields of architecture and civil engineering, construction is a process that consists of the building or assembling of infrastructure. Far from being a single activity, large scale construction is a feat of human multitasking...

, operation
Operations management
Operations management is an area of management concerned with overseeing, designing, and redesigning business operations in the production of goods and/or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as little resources as needed, and...

 and management
Management
Management in all business and organizational activities is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively...

 of power plants and power generation in 27 provinces in China. It supplies approximately 10% of China's electricity.

Subsidiaries

  • China Power International Development Limited (SEHK 2380), listed in Hong Kong
    Hong Kong
    Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...

      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.
  • China Power New Energy Development Company Limited
    China Power New Energy Development Company Limited
    China Power New Energy Development Company Limited is a Hong Kong listed company specialising in wind power.The chairman Mrs Li Xiaolin is also chairman and CEO of China Power International Development Limited , and vice president of CPI Group....

     (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
Myitsone Dam
The Myitsone Dam is a large dam and hydroelectric power development project currently under construction on the Irawaddy River in Burma . If completed as planned in 2017, it will be the fifteenth largest hydroelectric power station in the world...

, a large dam that when completed by 2017 is estimated to produce 3,600 to 6,000 megawatts of electricity for the Yunnan province
Yunnan
Yunnan is a province of the People's Republic of China, located in the far southwest of the country spanning approximately and with a population of 45.7 million . The capital of the province is Kunming. The province borders Burma, Laos, and Vietnam.Yunnan is situated in a mountainous area, with...

.

External links

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