China General Nuclear Power Group
 |
|
|
Native name
|
中国广核集团 |
|---|---|
| State-owned | |
| Industry | Energy |
| Predecessor | China Guangdong Nuclear Power Group |
| Founded | September, 1994 |
| Headquarters | Shenzhen, Guangdong, China |
|
Area served
|
Mainland China Malaysia |
|
Key people
|
Liang Yu (Chairman) |
| Services | Nuclear power, wind power, solar power, hydropower |
| Owner |
SASAC Hengjian Holding (10%) |
| Website | www.cgnpc.com.cn |
China General Nuclear Power Group (CGN) (Chinese: 中国广核集团), formerly China Guangdong Nuclear Power Group (Chinese: 中国广东核电集团), is a major energy corporation under the SASAC of the State Council.
CGN has operating nuclear plants at Daya Bay Nuclear Power Plant, Ling Ao Nuclear Power Plant, Hongyanhe Nuclear Power Plant and Ningde Nuclear Power Plant, with five new nuclear power stations under construction and another 2 planned.
CGN operates in other emerging energy industries like wind energy and solar energy, as well as more traditional industries like hydroelectricity. As of 2014[update] CGN operates power generation plant of the capacity: nuclear 8.3 GW, wind 4.7 GW, hydro 4.0 GW and solar 600 MW.
China Guangdong Nuclear Power Holding Co., Ltd. (CGNPC) was established in September 1994 with a registered capital of RMB 10.2 billion with nuclear power as its core business. With CGNPC as its core enterprise, China Guangdong Nuclear Power Group (CGNPG) comprises more than twenty wholly owned or controlling subsidiaries.
In April 2009, a fund run by China Guangdong Nuclear Power Group signed a deal raising US$1.03 billion for nuclear and related energy projects. Guangdong Nuclear's fund, the first industrial fund set up by a state-owned enterprise with approval from the State Council signed the fund-raising agreement with Bank of China, China Development Bank and other institutions, which will become shareholders in the fund. The financing is the first of two phases for the fund, which plans to raise a total of 10 billion yuan.
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Wikipedia