Stock Value
About China Power International Development
China Power International Development Limited operates as a power generating company in the People's Republic of China (PRC). The company's principal business is to develop, construct, own, operate and manage large power plants in the PRC, and engage in investment holdings.
The company and its subsidiaries own and operate the following power plants: Pingwei Power Plant (100% ownership), Pingwei Power Plant II (100% ownership), Yaomeng Power Plant (100% ownership), Yaomeng Power Plant II (100% ownership), Shentou I Power Plant (100% ownership) and Changshu Power Plant (50% ownership), which have a total installed capacity of 7,410 Megawatts (MW) and the installed capacity attributable to the company in these power plants is 6,795 MW.
Pingwei Power Plant: Pingwei Power Plant had an installed capacity of 1,230 MW and its gross generation and net generation were approximately 8,130,300 MWh and 7,749,341 MWh respectively.
Yaomeng Power Plant: Yaomeng Power Plant had an installed capacity of 1,210 MW and its gross generation and net generation were approximately 7,244,617 MWh and 6,666,015 MWh respectively.
Shentou I Power Plant: Shentou I Power Plant had an installed capacity of 1,200 MW and its gross generation and net generation were approximately 7,967,175 MWh and 7,216,857 MWh respectively.
Pingwei Power Plant II: Pingwei Power Plant II had an installed capacity of 1,280 MW and its gross generation and net generation were approximately 2,773,518 MWh and 2,620,985 MWh respectively.
Yaomeng Power Plant II: Yaomeng Power Plant II had an installed capacity of 1,260 MW and its gross generation and net generation were approximately 585,884 MWh and 558,003 MWh respectively.
Changshu Power Plant: Changshu Power Plant had an installed capacity of 1,230 MW and its gross generation and net generation were approximately 6,655,036 MWh and 6,280,282 MWh respectively.
Other Operations
The company also holds shares of Shanghai Electric Power Co., Ltd. (Shanghai Power) (21.92% ownership). As of December 31, 2007, Shanghai Power's attributable installed capacity was 4,964 MW, while the company’s was 1,088 MW. As of December 31, 2007, the company's total attributable installed capacity was 7,883 MW.
The company also manages five other power plants on behalf of CPI Holding, which include Qinghe Power Plant (1,000 MW), Guixi Power Plant (500 MW), Fujian Electricity Company (300 MW), Wuhu Shaoda Power Plant (250 MW) and CPI Wuhu Power Plant (250 MW), which have a total installed capacity of 2,300 MW. In addition, the total installed capacity of Huanggang Dabieshan Power Plant (93% ownership), the power plant which has been approved by the National Development and Reform Commission (NDRC) of the PRC and is under construction, would be 1,200 MW, of which the company’s attributable installed capacity would be 1,116 MW.
Strategic Alliances
The company established strategic partnership with Pingdingshan Coal (Group) Company Limited in December 2007.
China Power International Development Ltd. entered into a 49-51 joint venture agreement with Sichuan Guangwang Energy Development (group) Ltd. Upon the development scheme, the to-be-built JV would be responsible for the exploitation of the Chuanjing Coal Mine in Yibin City, south Sichuan.
Significant Events
In June 2020, Guangxi Company, a subsidiary of the company entered into a joint venture agreement with Jilin Electric, CEC, and Sinohydro B11, pursuant to which the parties agreed to form a joint venture in Nanning, Guangxi Zhuang Autonomous Region of the PRC. The joint venture would serve as an investment platform in the ASEAN region that focuses on clean energy investment and development.
History
China Power International Development Limited was incorporated in 2004.
