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Huaneng Group

China Huaneng Corporation
中国华能集团公司
State-owned enterprise
Industry Electricity generation
Energy and resources
Founded 1985 (1985)
Headquarters Beijing, People's Republic of China
Number of locations
130 power plants in 2015
Key people
Cao Peixi (Chairman)]
Huang Yongda (Secretary)
Products Electric power
Services Electric power distribution
Revenue US$21,780.7 million
Owner Government of People's Republic of China
Number of employees
102,569
Website www.chng.com.cn/eng/

China Huaneng Group Corporation, as known as CHNG or Huaneng Group, is one of the five largest state-owned electric utility enterprises in China, administrated by the State Council of the People's Republic of China. It engages in the investment, construction, operation and management of power generation assets and the production and sale of electricity power. In 2012, the company was ranked the 246th on the Fortune 500 list.

The company oversees the national government's interests in 10 subsidiaries, including a 51% stake in Huaneng Power International. Through subsidiaries it develops and operates more than 130 thermal, wind power and hydropower plants. In addition to its power-generation business, the company enters other sectors, including energy-related mining, financing, transportation, information technology, and renewable energy researches. The company's investment division ranks the 15th in China by revenue and the 21st by asset size. The company owns the Changjiang Nuclear Power Plant in partnership with China National Nuclear Corporation, as well as the Beijing Huaneng Thermal Power Station. The latter, however, is to be closed by 2016 as part of Beijing's plan to eradicate pollution.


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