Chinese electric power company
Not to be confused with Power Assets Holdings , the subsidiary of Cheung Kong Group (长江集团).
China Yangtze Power Co., Ltd. (CYPC), known as Yangtze Power is a Chinese utilities company, headquartered in Beijing . The company is a component of SSE 180 Index . A controlling share is held by the parent company China Three Gorges Corporation (CTG, Chinese : 中国长江三峡集团公司), a state-owned enterprise under State-owned Assets Supervision and Administration Commission of the State Council .
The enterprise produces and sells energy to customers. China Yangtze Power was founded on 4 November 2002 and was brought on 18 November 2003 to the Shanghai Stock Exchange . China Yangtze Power originated from a cooperation of Chinese enterprises: Huaneng Power International , China National Nuclear Corporation , China National Petroleum Corporation , Gezhouba Water Resources and Hydropower Engineering Group as well as the Changjiang Institute of Survey, Planning, Design and Research .
Three Gorges Dam Hydroelectric Plants
The Three Gorges Dam above ground hydroelectric plant became fully operational in 2010 and has an installed capacity of 18.2GW (26 x 700MW). These units have been progressively acquired from the majority owner China Three Gorges Corporation as they have been built. A final underground hydroelectric plant is expected to be transferred by 2012.
Other Hydroelectric Plants
The company is the operator of other Yangtze hydroelectric plants – Xiluodu Dam (13,860 MW), Xiangjiaba Dam (6,448 MW) and Gezhouba Dam (2,715 MW). Two other are under construction – Baihetan Dam (16,000 MW) and Wudongde Dam (10,200 MW).
Marketing
The company sells its electricity via China State Grid Corporation mainly to Central China (Hubei , Hunan , Henan , Jiangxi and Chongqing ), East China (Shanghai , Jiangsu , Zhejiang and Anhui ) and Guangdong Province.
References
"Three Gorges Hydropower Station" . en.cypc.com.cn . Retrieved 24 March 2019.CYPC website Archived 3 April 2008 at the Wayback Machine
External links
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Power companies of China