CLP Group () and its

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

, 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 ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delt ...

. 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, a wholly owned subsidiary of the Hong Kong-based and listed China Light and Power (CLP Group). EnergyAustralia also ...

Australia Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, sma ...

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

Hongkong Electric Company The Hongkong Electric Company (HEC; ) is one of Hong Kong's two main electricity generation companies, the other being China Light & Power. The company is owned by several companies including Power Assets Holdings, State Grid Corporation of Chi ...

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 and Company 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 generation of electric power. Power stations are generally connected to an electrical grid. Many p ...

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

Chatham Road Chatham Road South and Chatham Road North are two continuous roads spanning from Tsim Sha Tsui to Hung Hom in Kowloon, Hong Kong. The road originally ran from Signal Hill to Hung Hom under No. 12 Hill by the side of Hung Hom Bay. It was later ...

and

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

. By 1919, the company was supplying electricity for

street light A street light, light pole, lamp pole, lamppost, street lamp, 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 ...

s in

Kowloon Kowloon () is an urban area in Hong Kong comprising the Kowloon Peninsula and New Kowloon. With a population of 2,019,533 and a population density of in 2006, it is the most populous area in Hong Kong, compared with Hong Kong Island and t ...

.Our history: 1901–1939; The beginning
CLP official website The

Kadoorie family The Kadoorie family or "Khedouri" ( he, כדורי, ar, خضوري) are a wealthy Hong Kong-based family, originally Mizrahi Jews from Baghdad, Iraq. From the mid-18th century they were established in Mumbai, British Raj India becoming one of t ...

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. As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is repo ...

.Our history: 1997–2000; Regional expansion
CLP official website In 2018, CLP establihed 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 The Global Dow (GDOW) is a 150-stock index of corporations from around the world, created by Dow Jones & Company. Only blue-chip stocks are included in the index. Like its progenitor, the Dow Jones Industrial Average (INDU), stocks in The Global ...

—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.

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 companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect ...

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

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

Mainland China "Mainland China" is a geopolitical term defined as the territory governed by the People's Republic of China (including islands like Hainan or Chongming), excluding dependent territories of the PRC, and other territories within Greater China. ...

, Southeast Asia and

Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia, at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the nort ...

. Its first market outside Hong Kong was mainland China, by way of connecting its power stations in Hong Kong to the Chinese mainland

grid Grid, The Grid, or GRID may refer to: Common usage * Cattle grid or stock grid, a type of obstacle is used to prevent livestock from crossing the road * Grid reference, used to define a location on a map Arts, entertainment, and media * News g ...

, 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 The Taiwan Cement Corporation (TCC; ) is a cement company headquartered in Taiwan. Their main business includes the production and trading of cement, paper bags, and other paper products, under the "品牌水泥" namebrand. They are the centra ...

; 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 brought 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 generation of electric power. Power stations are generally connected to an electrical grid. Many pow ...

in Asia. While most are either

coal-fired Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is formed when dea ...

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

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 radiant light and heat from the Sun that is harnessed using a range of technologies such as solar power to generate electricity, solar thermal energy (including solar water heating), and solar architecture. It is an essenti ...

and

wind power Wind power or wind energy is mostly the use of wind turbines to electricity generation, generate electricity. Wind power is a popular, sustainable energy, sustainable, renewable energy source that has a much smaller Environmental impact of wi ...

Hong Kong

Hong Kong sites include

Black Point Power Station Black Point Power Station () is a gas-fired power station in Lung Kwu Tan, New Territories, Hong Kong. The power station is operated by CLP Group. History In the late 1980s, China Light and Power (CLP) examined several potential sites for the ...

Castle Peak Power Station The Castle Peak Power Station () is the largest coal-fired power station in Hong Kong. It is situated in Tap Shek Kok, Tuen Mun District, on the north shore of Urmston Road. It was named after the nearby Castle Peak. The station consists of four ...

, and

Penny's Bay Power Station Penny's Bay Power Station () is a gas turbine power station in Penny's Bay, Hong Kong. The HKD 1.1 billion power station was commissioned on 25 March 1992. The complex consists of three open cycle gas turbines in a rectangular turbine hall with ...

Mainland China

CLP was the equity investors of two power stations in

Guangdong province Guangdong (, ), alternatively romanized as Canton or Kwangtung, is a coastal province in South China on the north shore of the South China Sea. The capital of the province is Guangzhou. With a population of 126.01 million (as of 2020) ...

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

Conghua Conghua District, alternately romanized as Tsungfa, is one of 11 urban districts and the northernmost district of the prefecture-level city of Guangzhou, the capital of Guangdong Province, China. Conghua connects the Pearl River Delta with th ...

Guangzhou Guangzhou (, ; ; or ; ), also known as Canton () and alternatively romanized as Kwongchow or Kwangchow, is the capital and largest city of Guangdong province in southern China. Located on the Pearl River about north-northwest of Hong Kon ...

.Our history: 1986–1996; New frontiers
CLP Official Site It also operates a

Guangxi province Guangxi (; ; alternately romanized as Kwanghsi; ; za, Gvangjsih, italics=yes), officially the Guangxi Zhuang Autonomous Region (GZAR), is an autonomous region of the People's Republic of China, located in South China and bordering Vietnam ( ...

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 8,500 coal-fired power stations totaling over 2,000 gigawatts Nameplate capacity, capacity. They ...

Mahatma Gandhi Super Thermal Power Project Mahatma Gandhi Super Thermal Power Project is located at Jharli village in Jhajjar district of Haryana. The coal based power project was developed by CLP India Private Limited, a subsidiary of CLP Group. Capacity See also * List of pow ...

Jhajjar Jhajjar is a town in Jhajjar district in the Indian state of Haryana. The city is situated on the road connecting Rewari to Rohtak (NH-352), Loharu to Meerut (NH334B), Charkhi Dadri to Delhi and Gurgaon to Bhiwani. Jhajjar is located west o ...

, 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, New South Wales, the ACT and Queensland.

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 listed on the Hong Kong Stock Exchange Energy companies established in 1901 1901 establishments in Hong Kong