CLP Group () and its

holding company A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...

, CLP Holdings Ltd (), also known as China Light and Power Company, Limited (now CLP Power Hong Kong Ltd., ), is an electricity company in

Hong Kong Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the wor ...

. Incorporated in 1901 as China Light & Power Company Syndicate, its core business remains the generation, transmission, and retailing of electricity.Our operations: Assets and services
CLP official website It also has businesses in a number of Asian markets as well as

EnergyAustralia EnergyAustralia (formerly TRUenergy) is an electricity generation, electricity and gas retailing private company in Australia. It is one of the "big three" retailers in the National Electricity Market. It generates electricity primarily using ...

Australia Australia, officially the Commonwealth of Australia, is a country comprising mainland Australia, the mainland of the Australia (continent), Australian continent, the island of Tasmania and list of islands of Australia, numerous smaller isl ...

. It is one of the two main electricity power generation companies in Hong Kong, the other being Hongkong Electric Company.

History

Tcitp d165 china light and power company at kowloon

The company was founded in Hong Kong in 1901 as China Light & Power Company Syndicate by Shewan, Tomes & Co. and others. In 1903, the company's first

power station A power station, also referred to as a power plant and sometimes generating station or generating plant, is an industrial facility for the electricity generation, generation of electric power. Power stations are generally connected to an electr ...

, with a generating capacity of 75 kW, was commissioned in Hung Hom at the junction of present-day Chatham Road and

Princess Margaret Road Princess Margaret Road (; "Princess Road") is a road in Kowloon, Hong Kong, forming a part of Route 1 (Hong Kong), Route 1. Originally called Nairn Road () with the English name after a town in Scotland and the Chinese name after the nanmu t ...

. By 1919, the company was supplying electricity for

street light A street light, light pole, lamp pole, lamppost, streetlamp, light standard, or lamp standard is a raised source of light on the edge of a road or path. Similar lights may be found on a railway platform. When urban electric power distribution b ...

s in

Kowloon Kowloon () is one of the areas of Hong Kong, three areas of Hong Kong, along with Hong Kong Island and the New Territories. It is an urban area comprising the Kowloon Peninsula and New Kowloon. It has a population of 2,019,533 and a populat ...

.Our history: 1901–1939; The beginning
CLP official website The Kadoorie family joined the CLP board of directors in 1930The Matrix of Entrepreneurship: A Cross-Cultural Analysis of A Group of Baghdadi Indian Jews in the Intersection of Shanghai/Hong Kong (Draft only: please do NOT cite)
Kwok Siu-tong, History Department, The Chinese University of Hong Kong and retains control of the company as of 2013. In 1983, the company established a joint venture with Guangdong Nuclear Power for the construction and operation of the Daya Bay Nuclear Power Plant.Ashoka Mody ''Infrastructure strategies in East Asia: the untold story'' World Bank p64 On 6 January 1998, CLP Holdings Limited replaced China Light & Power Company Limited as the new holding company listed on the

Stock Exchange of Hong Kong The Stock Exchange of Hong Kong (, SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. It is one of the largest stock exchanges in Asia and the 9th largest globally by market capitalization as of August 20 ...

.Our history: 1997–2000; Regional expansion
CLP official website In 2018, CLP established a new branch, CLP Innovation (previously named) and now CLP Digital. The branch has a separate company listing, Smart Energy Connect (SEC) that provides environmentally friendly solutions.

Index constituent

As of 2013, CLP Group is a component of The Global Dow—a 150-stock index of the world's leading blue-chips. The company has been a constituent of the Dow Jones Sustainability Index, the Dow Jones Sustainability Asia Pacific Index (DJSI Asia Pacific), and/or the Dow Jones Sustainability Asia Pacific 40 Index (DJSI Asia Pacific 40). Since 2010, CLP has also been listed on the Hang Seng Corporate Sustainability Index and Hang Seng (Mainland and HK) Corporate Sustainability Index.

Electricity Tariff

Basic tariff (1 January 2024 - 31 December 2024) * https://www.clp.com.hk/content/dam/clphk/documents/tariff-adjustment-2024/TariffTable2024_CHI.pdf Fuel cost adjustment * https://www.clp.com.hk/zh/help-support/bills-payment-tariffs/fuel-cost-adjustment

Markets outside Hong Kong

In recent years, CLP has sought to expand outside of its native Hong Kong, accomplishing this through

mergers and acquisitions Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorpt ...

. Markets outside Hong Kong it has entered include Australia (through

India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...

Mainland China "Mainland China", also referred to as "the Chinese mainland", is a Geopolitics, geopolitical term defined as the territory under direct administration of the People's Republic of China (PRC) in the aftermath of the Chinese Civil War. In addit ...

, Southeast Asia mainly (

Thailand Thailand, officially the Kingdom of Thailand and historically known as Siam (the official name until 1939), is a country in Southeast Asia on the Mainland Southeast Asia, Indochinese Peninsula. With a population of almost 66 million, it spa ...

and

Indonesia Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania, between the Indian Ocean, Indian and Pacific Ocean, Pacific oceans. Comprising over List of islands of Indonesia, 17,000 islands, including Sumatra, ...

) and

Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia. The main geography of Taiwan, island of Taiwan, also known as ''Formosa'', lies between the East China Sea, East and South China Seas in the northwestern Pacific Ocea ...

. Its first market outside Hong Kong was mainland China; by way of connecting its power stations in Hong Kong to the Chinese mainland grid, CLP began supplying power in 1979.Our history: 1970–1985; Chinese vision
CLP official website The 1990s saw the start of expansionary M&A activity with CLP acquiring nearly a half-dozen companies between 1996 and 2005. In 1996 the company entered joint-ventures with Taiwan Cement Corporation; in 1998, part ownership of Thai Electricity Generating Public Co Ltd; and in 2001, Australian Yallourn Energy. It expanded operations in Australia to include retailing when it bought TXU Merchant Energy in 2005. And in 2002 CLP acquired an Indian company, Gujarat Paguthan Energy Corporation Private Limited.

Power stations

CLP has a number of

power stations A power station, also referred to as a power plant and sometimes generating station or generating plant, is an industrial facility for the electricity generation, generation of electric power. Power stations are generally connected to an electr ...

in Asia. While most are either coal-fired or

fossil fuel power station A fossil fuel power station is a thermal power station that burns fossil fuel, such as coal, oil, or natural gas, to produce electricity. Fossil fuel power stations have machines that convert the heat energy of combustion into mechanical ene ...

s, the company also generates electricity using

nuclear Nuclear may refer to: Physics Relating to the nucleus of the atom: *Nuclear engineering *Nuclear physics *Nuclear power *Nuclear reactor *Nuclear weapon *Nuclear medicine *Radiation therapy *Nuclear warfare Mathematics * Nuclear space *Nuclear ...

solar energy Solar energy is the radiant energy from the Sun's sunlight, light and heat, which can be harnessed using a range of technologies such as solar electricity, solar thermal energy (including solar water heating) and solar architecture. It is a ...

and

wind power Wind power is the use of wind energy to generate useful work. Historically, wind power was used by sails, windmills and windpumps, but today it is mostly used to generate electricity. This article deals only with wind power for electricity ge ...

Hong Kong

Hong Kong sites include Black Point Power Station, Castle Peak Power Station, and Penny's Bay Power Station.

Mainland China

CLP was the equity investors of two power stations in

Guangdong province ) means "wide" or "vast", and has been associated with the region since the creation of Guang Prefecture in AD 226. The name "''Guang''" ultimately came from Guangxin ( zh, labels=no, first=t, t= , s=广信), an outpost established in Han dynasty ...

, Daya Bay Nuclear Power Plant and Guangzhou Pumped Storage Power Station in Conghua,

Guangzhou Guangzhou, Chinese postal romanization, previously romanized as Canton or Kwangchow, is the Capital city, capital and largest city of Guangdong Provinces of China, province in South China, southern China. Located on the Pearl River about nor ...

.Our history: 1986–1996; New frontiers
CLP Official Site It also operates a Guangxi province plant, Fangchenggang power station.Our history: 2003-today; Climate action
CLP official website

India

CLP power stations in India include gas powered Gujarat Paguthan Energy Corporation's former station Paguthan Combined Cycle Power Plant and a

coal-fired power station A coal-fired power station or coal power plant is a thermal power station which burns coal to generate electricity. Worldwide there are about 2,500 coal-fired power stations, on average capable of generating a gigawatt each. They generate ...

Mahatma Gandhi Super Thermal Power Project at Jhajjar, Haryana, that was commissioned in 2012. The company also has a number of

sites in the country.China Light and Power plans big for India
business-standard.com, 6 December 2010, 0:15 IST It has now signed up for its very first solar project - Veltoor at Telangana.

Australia

is a wholly owned subsidiary of CLP and is one of Australia's largest integrated energy businesses. As of 2013, EnergyAustralia generates electricity from coal, gas and renewable energy sources, and retails electricity and gas, of 5,662MW to over 2.8 million residential and business users across Victoria,

South Australia South Australia (commonly abbreviated as SA) is a States and territories of Australia, state in the southern central part of Australia. With a total land area of , it is the fourth-largest of Australia's states and territories by area, which in ...

New South Wales New South Wales (commonly abbreviated as NSW) is a States and territories of Australia, state on the Eastern states of Australia, east coast of :Australia. It borders Queensland to the north, Victoria (state), Victoria to the south, and South ...

, the

Australian Capital Territory The Australian Capital Territory (ACT), known as the Federal Capital Territory until 1938, is an internal States and territories of Australia, territory of Australia. Canberra, the capital city of Australia, is situated within the territory, an ...

and

Queensland Queensland ( , commonly abbreviated as Qld) is a States and territories of Australia, state in northeastern Australia, and is the second-largest and third-most populous state in Australia. It is bordered by the Northern Territory, South Austr ...

. From 2005 until 2011, CLP Group held a 50% shareholding in Roaring 40s that operated

wind farm A wind farm, also called a wind park or wind power plant, is a group of wind turbines in the same location used to produce electricity. Wind farms vary in size from a small number of turbines to several hundred wind turbines covering an exten ...

s in Australia, China, Hong Kong and India.Hydro Tasmania and China Light and Power - proposed splitting of Roaring 40s wind farm assets

Australian Competition & Consumer Commission The Australian Competition and Consumer Commission (ACCC) is the chief competition regulator of the Government of Australia, located within the Department of the Treasury. It was established in 1995 with the amalgamation of the Australian Tra ...

29 June 2011

Southeast Asia and Taiwan

CLP established its presence in Southeast Asia and Taiwan in the early 1990s. Since then, they have built a portfolio of quality assets in the region. Following the divestment of interest in EGCO in Thailand in early 2011, their investments currently consist of the Ho-Ping coal-fired project in Taiwan and the Lopburi solar farm in Thailand. They are also co-developing two coal-fired projects in Vietnam.

References

External links

*
CLP Group official websiteCLP Group's educational website – PowerU
{{DEFAULTSORT:Clp Group Electric power companies of Hong Kong Multinational companies headquartered in Hong Kong Companies in the Hang Seng Index Companies in the S&P Asia 50 Companies listed on the Hong Kong Stock Exchange Energy companies established in 1901 1901 establishments in Hong Kong Kadoorie family