State Power Investment Corporation
|
Native name
|
国家电力投资集团 |
|---|---|
| State-owned enterprise | |
| Industry | Power generation |
| Founded | 2002 |
| Headquarters | Beijing, People's Republic of China |
|
Area served
|
People's Republic of China |
|
Key people
|
General Manager: Mr. Lu Qizhou |
| Subsidiaries |
China Power International Development Limited China Power New Energy Development Company Limited China Hong Kong Power Development Company Limited Huanghe Hydropower Development Company Limited |
| Website | eng |
State Power Investment Corporation (Chinese: 国家电力投资集团) is one of the five largest state-owned electricity producers in the People's Republic of China. It is engaged in development, investment, construction, operation, and management of power plants and power generation in twenty-seven Chinese provinces, supplying approximately ten percent of the country's electricity.
The company was formed in July 2015 by the merger of the China Power Investment Corporation (CPI) and State Nuclear Power Technology Corporation (SNPTC).
As a holding company, SPIC wholly owns or controls a vast structure of subsidiaries, including 48 companies at the second tier level, among which are 4 publicly listed companies. SPIC is central state owned enterprise administrated by the SASAC for the State Council of the People's Republic of China.
The CPI in conjunction with the Burmese government is constructing the Myitsone Dam, a large dam that when completed by 2017 is estimated to produce 3,600 to 6,000 megawatts of electricity for the Yunnan province.
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Wikipedia