China Yangtze Power

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.

Not to be confused with Power Assets Holdings, the subsidiary of Cheung Kong Group (长江集团).

Yangtze Power
TypePublic
IndustryHydroelectricity
Founded2002
Headquarters
Beijing
,
China
Area served
China
Key people
Li Yongan (Chairman)
ParentChina Three Gorges (61.92%)
Websitecypc.com.cn
China Yangtze Power Co., Ltd.
Simplified Chinese中国长江电力股份有限公司
Traditional Chinese中國長江電力股份有限公司
Literal meaningChina Yangtze Electricity Joint-Stock Limited Company
Yangtze Power
Simplified Chinese长江电力
Traditional Chinese長江電力

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).[1] 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.[2]

References
  1. "Three Gorges Hydropower Station". en.cypc.com.cn. Retrieved 24 March 2019.
  2. CYPC website Archived 3 April 2008 at the Wayback Machine
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.